Land acquisition nears completion in Mumbai Ahmedabad HSR project

About 98 per cent of land has been acquired for the Mumbai-Ahmedabad high speed rail (HSR) corridor project in Gujarat. The project involves the development of a 508 km long Mumbai-Ahmedabad HSR corridor in Maha­rashtra and Gujarat. It entails an investment of Rs 1,080 billion. It is being implemented by an SPV, National High Speed Rail Corporation Limited, in­cor­porated by the Ministry of Railways (MoR) and the governments of Maharashtra and Gujarat with equity stake of 50:25:25 respectively. The project is the first corridor to be explored for the ambitious bullet train project and also includes a 21 km long subsea tunnel from Mumbai to Thane.