The cost of the ambitious Mumbai-Ahmedabad bullet train project has been revised to around Rs 2.1 lakh crore, nearly double its original estimate of approximately Rs 1.1 lakh crore. The proposal seeking approval for the revised cost of the 508-km high-speed rail corridor was placed before the Cabinet on Tuesday, TOI reported, citing sources.
The project has faced several delays since work began, with land acquisition, statutory clearances and delays in finalising the train sets contributing to the increase in both cost and completion timelines.
