Japanese firm JE appointed for core Shinkansen Bullet Train technologies works in India

New Delhi, India (Metro Rail Today): The National High Speed Rail Corporation Limited (NHSRCL) has appointed Japan Government nominated Special Purpose Company, Japan High-Speed Rail Electric Engineering Co. Ltd. (JE), which will arrange for the execution of the core Japanese Shinkansen technologies works related to the safety and punctuality of High Speed Rail.

The Japan High-Speed Rail Electric Engineering Co. Ltd. (JE) will be responsible for providing technical services for OCC Design Contract, Production & Construction Contracts and PMC Contract for E1 Package in Project for Construction of Mumbai-Ahmedabad High Speed Rail Corridor.

The agreement was signed between senior officials of National High Speed Rail Corporation Limited and Japan High-Speed Rail Electric Engineering Co. Ltd. on 20th March 2023 in New Delhi.

A part from this, SUZUKI Hiroshi, Ambassador of Japan to India, and Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, exchanged notes in New Delhi, concerning the provision of yen loan for the construction of Mumbai-Ahmedabad High Speed Rail (IV) (loan provision of up to 300.000 billion yen).

This project is to provide a loan to the Government of India for the construction of a high speed rail with the introduction of Japan’s Shinkansen system between Mumbai in the state of Maharashtra and Ahmedabad in the state of Gujarat.

It is expected that the new high speed train will cover a distance of approximately 500 kilometers between Mumbai and Ahmedabad in two hours, as compared to five hours required by the current express train service. Through the realization of a mass passenger transportation system, this project will contribute to the efficiency of the transportation network and promote economic development in a broad range of areas. The loan was sanctioned at interest rate of 0.10% per annum for 50 years redemption period (including a 15-year grace period).

The 508 kilometres long India's first Bullet Train project will connect Mumbai to Ahmedabad with 12 stations.