As per the shareholding pattern for the high-speed rail corridor project, the central government is to pay ₹10,000 crore to the NHSRCL, while the state governments of Maharashtra and Gujarat are to pay an amount of ₹5,000 crore each. The remaining amount is to be paid through a loan by Japan at 0.1 per cent interest.
Earlier this month, financial bids were opened by the National High-Speed Rail Corporation Limited for design and construction of approx. 18 km of the viaduct between Anand and Sabarmati including High-Speed Rail stations at the cities of Ahmedabad and Sabarmati for the Mumbai Ahmedabad High-Speed Rail corridor project under C7 package. The financial bids of four technically qualified bidders were opened and according to the corporation, IRCON – DINESHCHANDRA JV is the lowest bidder. On the upcoming Mumbai-Ahmedabad High Speed Rail Corridor, Bullet Trains will operate at a speed of 320 km per hour, covering a distance of 508 km and a total of 12 stations.