Statement by NHSRCL (body implementing Mumbai-Ahmedabad Bullet Train project)

Gandhingar: Full text of statement –

National High-Speed Rail Corporation Ltd., the implementing agency for executing MAHSR project is a joint venture company between Govt. of India (through Ministry of Railways) and participating state governments.

The authorized share capital of NHSRCL is Rs. 20,000 Crore, with share holding of Government of India, Government of Gujarat and Government of Maharashtra in the ratio of 50:25:25 respectively.

The construction cost of the project will be funded by the Japan International Cooperation Agency (JICA) at a nominal interest rate of 0.1% with repayment period of 50 years, including moratorium of 15 years.

(1/2) NHSRCL, the implementing agency for executing MAHSR project is a joint venture company between Govt. of India and participating state Govts.
The authorized share capital of NHSRCL is Rs. 20,000 Crore, with share holding of Govt of India, Govt of Gujarat and …. contd(2/2)

— NHSRCL (@nhsrcl) December 2, 2019

(2/2)& Government of Maharashtra in the ratio of 50:25:25 respectively. The construction cost of the project will be funded by the Japan International Cooperation Agency (JICA) at a nominal interest rate of 0.1% with repayment period of 50 years, including moratorium of 15 years.

— NHSRCL (@nhsrcl) December 2, 2019

DeshGujarat