NHSRCL Responds to Congress Claims on Mumbai-Ahmedabad Bullet Train Cost Escalation
45 minutes agoPolitics
34LENS
4 SourcesKerala, India
TBNthebalanced.news

NHSRCL Responds to Congress Claims on Mumbai-Ahmedabad Bullet Train Cost Escalation

The National High Speed Rail Corporation Limited (NHSRCL) has refuted Congress Kerala's claims of significant cost escalation in the Mumbai-Ahmedabad bullet train project, stating that cost revisions are standard in large infrastructure projects after detailed planning. NHSRCL emphasized that the updated estimates align with global benchmarks and that the project’s financing, including concessional loans from Japan, remains secure. The corporation also clarified that the additional costs will not be borne entirely by Indian Railways, as the project has a dedicated financing structure.

Political Bias
53%35%12%
Sentiment
45%