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Bullet Train
At TOILET
The 508km long Mumbai-Ahmedabad high speed rail corridor will have a 21km long tunnel under the sea, said a senior railway ministry official involved with the public transporter's ambitious bullet train project. While most part of the corridor is proposed to be on the elevated track, there will be a stretch after Thane creek towards Virar which will go under the sea as per the detailed project report by JICA. Estimated to cost about Rs 97,636 crore, 81 per cent of the funding for the project, will come in form of a loan from Japan. The project cost includes possible cost escalation, interest during construction and import duties. It is a soft loan for 50 years at 0.1 per cent annual interest with 15 years' moratorium, said the official. Rolling stock and other equipment like signalling and power system will be imported from Japan as per the loan agreement. The official said the loan agreement with Japan is slated to be signed by the end of the year and construction work is likely to begin by the end of 2018. According top priority to the first of its kind project, railways has formed National High Speed Rail Corporation Limited (NHSRCL), a special purpose vehicle (SPV), with a paid-up capital of Rs 500 crore.
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This is quite a game, politics. There are no permanent enemies, and no permanent friends,only permanent interests. - Some Firang |
#2
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Re: Bullet Train
Money of this from {akistan Today site
The proposed bullet train between Mumbai and Ahmedabad will have to ferry 88,000-118,000 passengers per day, or undertake 100 trips daily, for the Railways to keep it financially viable, says a report by Indian Institute of Management Ahmedabad (IIM-A). The report is titled, "Dedicated High Speed Railway (HSR) Networks in India: Issues in Development,". Report states that if the Railways set the ticket price at Rs 1500 per person for 300-km drive, then fifteen years after the operation it will have to ferry between 88,000 and 110,000 passengers every day to ensure that it repays the loans with interest on time. Japan has offered a concessional loan of Rs 97,636 crore to fund about 80 per cent of the project cost with a repayment period of 50 years beginning from the 16th year of operation at an interest rate of 0.1 per cent. For the remaining 20 per cent loan, the authors assume 8 per cent average rate of interest (on Rs 20,000 crore to be funded by Centre). Japan has offered a 15-year moratorium on loan, so revenue concerns for the Indian Railways will arise from the 16th year of operation, the authors stated in the paper. The total distance covered by the train will be 534 kilometres. The paper has been jointly authored by faculty members G Raghuram, professor of the institute's Public Systems Group, and Prashanth Udayakumar. While the actual operating cost fifteen years after the bullet train becomes operational, is not known, the paper assumes two scenarios by pegging operating cost at 20 per cent and 40 per cent of revenue. "So if the Railways earn Rs 100 revenue, Rs 20 or Rs 40 will go for maintenance, and remaining surplus money will go for cash payment of loan with interest. Now, to cover the loan with operating cost in two scenarios, we consider passengers travelling an average distance of 300 kilometres. In this case, we will need 88,000-118,000 passengers respectively for both the scenarios," Raghuram said. "Typically one train carries 800 passengers, so to carry 88,000 passengers daily, you will need to take a total of 100 trips, or 50 trips each way. So, we need three trains every hour in each direction," he said. As per the paper, "there are many positive benefits and externalities of the HSR which would be useful in India's overall aspirational development."
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This is quite a game, politics. There are no permanent enemies, and no permanent friends,only permanent interests. - Some Firang Last edited by sgars; April 21st, 2016 at 02:18 PM. Reason: removed sponsored content. |
#3
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Re: Bullet Train
Before all start jumping, some questions and Concerns.
- Bullet Train started in Japan in 70s. Are we paying so much though through a soft loan for a 40 year old Technology?? - China got the Maglev train from Germany. Why cant we shoot for that?? Japan is also developing the Technology. All said and done despite all the drawbacks and looking like some 19th century relic, Indian railways is one of the few rail networks that runs without govt subsidy (except for a brief period when Mumtaz was the rail minister under ABV). Many of the European High speed networks (or for that matter local trains) run with government subsidy. So, if we are planning to spend money on Technology, why not go full swing rather than a 40 year technology. What is the viability of this compared to say Air travel.
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This is quite a game, politics. There are no permanent enemies, and no permanent friends,only permanent interests. - Some Firang |
#4
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Re: Bullet Train
You talking to yourself partner? Or did you forget to logoff and login with different id?
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#5
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Re: Bullet Train
It is 2 different nooze items and then my take. I preferred 3 posts to one long post. Looks like you are badly missing someone who put long posts.
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This is quite a game, politics. There are no permanent enemies, and no permanent friends,only permanent interests. - Some Firang |
#6
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Re: Bullet Train
Quote:
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An oft quoted Gandhian phrase is that if all were to follow an eye for an eye and tooth for a tooth, then the world would go blind. The counter to that is that if only some follow this and others don't then it is the non-violent who would go blind while the rogues will rule the world. |
#7
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Re: Bullet Train
Once they build this, will Bollywood make an action/thriller/suspense movie on this
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----------------------------------------------- "Hinduism brought a multitude of religions under one roof and survived for eons. Christianity and other religions will need to do the same or perish." - saneless |
#8
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Re: Bullet Train
Thanks Babu pai for the info.
![]() Did some wikiing and found that the Shanghai Maglev is a 'White elephant' Also, Maglev itself has been around since 70s. So it is not new either. There is international politics also behind this. The Shanghai Maglev was built by Germans to show a middle finger to Japan by China. There is a chance Modi Sarkar wants to do the same to China with this.
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This is quite a game, politics. There are no permanent enemies, and no permanent friends,only permanent interests. - Some Firang |
#9
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Re: Bullet Train
Quote:
__________________
An oft quoted Gandhian phrase is that if all were to follow an eye for an eye and tooth for a tooth, then the world would go blind. The counter to that is that if only some follow this and others don't then it is the non-violent who would go blind while the rogues will rule the world. Last edited by BABU_HYDERABADI; July 9th, 2016 at 06:33 PM. |
#10
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Re: Bullet Train
Quote:
__________________
An oft quoted Gandhian phrase is that if all were to follow an eye for an eye and tooth for a tooth, then the world would go blind. The counter to that is that if only some follow this and others don't then it is the non-violent who would go blind while the rogues will rule the world. |
#11
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Re: Bullet Train
Why does it need to go under water? cant they build on land? Its not like Mumbai and Ahmedabad are separated by Atlantic (example) where you have no option but to go under/over/above water? pardon my ignorance.
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#12
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Re: Bullet Train
Railways between many places have to cross rivers,small streams,etd so same with the upcoming Bullet trains so the underwater over water etc
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There are four kinds of people to avoid in the world: the assholes, the asswipes, the ass-kissers, and those that just will shit all over you. |
#13
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Re: Bullet Train
Quote:
am sure they thought of this; just curious what was the rationale behind such an expensive project. Last edited by Aashika; September 28th, 2016 at 08:07 AM. |
#14
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Re: Bullet Train
Quote:
![]() its like worli sea link. I am sure it was a massive project and there were land routes already available. But ask people who regularly use it - its a massive blessing.
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Winner of the Signature Contest 2013! |
#15
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Re: Bullet Train
It is mostly distance. If you look at a map, the direct distance between Bombay to A'bad is about a tenth of the distance you would normally take by land. This saves both distance and time.
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----------------------------------------------- "Hinduism brought a multitude of religions under one roof and survived for eons. Christianity and other religions will need to do the same or perish." - saneless |
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