New Delhi:The Centre is conducting a detailed study to assess the feasibility of setting up bullet train network in other parts of the country, Minister of State for Railways Suresh Angadi said in Rajya Sabha on Friday.
At present, the Centre has sanctioned Mumbai-Ahmedabad High-Speed Train project, also known as bullet train project, of 508 km length. It is targeted to be completed in 2023.
"A detailed study is going on throughout the country....We can examine (to set up a network) once we get the report," Angadi said during the Question Hour in the Upper House.
Once the current project is successful, the Centre can think of launching it on routes like Delhi-Kolkata, Delhi-Mumbai and other cities, he said.
In his written reply, the Minister said the Mumbai-Ahmedabad High-Speed Train Project is being implemented at an estimated cost of Rs 1,08,000 crore by a special purpose vehicle National High-Speed Rail Corporation Ltd (NHSRCL) with the financial and technical assistance from Japan government. The Minister said that about Rs 3,226.8 crore expenditure has been incurred up to June 2019 on this project.
"Bullet train or High-Speed Rail Projects are highly capital and technology-intensive, and therefore, their proposals for other sections are subject to technical feasibility, financial and economic viability and availability of funding," he added.
Responding to supplementaries, Angadi said the current high-speed project is viable as an average 36,000 people will travel and the minimum fare is expected to be Rs 3,000.
On land acquisition issues faced in Gujarat and Maharashtra for the project, the Minister said, "In Gujarat, 297 villages are coming on this line. More than 97 per cent farmers in Gujarat have given consent.