Gujarat Government signs MoU with Railways for bullet train project
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Gujarat Government has said that it has signed a memorandum of understanding (MoU) worth Rs 77,000 crore with the Ministry of Railways for the Mumbai-Ahmedabad Bullet train project. As per reports, the MoU was signed during the ongoing Vibrant Gujarat Summit at Mahatma Mandir here today in the presence of Chief Minister Vijay Rupani and Deputy Chief Minister Nitin Patel.
Out of the total cost of Rs 1.10 lakh crore for the high-speed Bullet train project, Gujarat government would get 70 per cent share. The agreement was signed between Gujarat government and the High Speed Rail Corporation (HSRC), which falls under the Railway Ministry.