Nagpur just got another good news in the field of infrastructural development!
Maharashtra government is expected to start a Mumbai-Nagpur Bullet Train service in order to create a high-speed corridor for the state.
The talks about the launch of the projects shall start soon with the Japan International Cooperation Agency (JAICA). The discussion shall include a point revolving around the provision of funds and that the terms and conditions for raising the borrowed capital to be same as those for the Mumbai – Ahmedabad project.
According to the internal sources of the state government, Maharashtra would further experiment with projects that will reap greater and long lasting benefits to the state. “The Mumbai-Nagpur bullet train can come along the 706-km Samruddhi Corridor, which would give a boost to economic activities and agriculture in Maharashtra,” disclosed an official.
The Government of Maharashtra has also planned to undertake a mega project relating to the International Financial Services Centre at the Bandra-Kurla Complex, Mumbai. They will ensure that the IFSC do not lag behind while sanctioning the allocated land of 0.9 hectares at BKC for the Mumbai-Ahmedabad bullet train entry-exit stations.
“The state government has categorically conveyed that the bullet train stations at BKC should not delay or affect the construction of the IFSC. It has also conveyed that construction of the entry and exit stations within the 0.9 hectares should be completed at the earliest, to ensure the IFSC work is not delayed,” said a senior officer who did not wish to be named.
The state wishes for the Indian Railways to bear the entire burden of the development of the stations.
Information source: nagpurtoday