Mumbai thane (Maharashtra) [India], Dec 19 (ANI): Prime Minister Narendra Modi's dream project of bullet train is underway in Mumbai Thane, and the under the sea tunnel may finish completion by August 15, 2022, the MD of National High speed rail corporation Ltd. (NHSRCL) Achal Khare said.
"Our mission is to complete tunnel till 15th August, 2022. Currently we are doing static refraction survey on the sea with Japanese. We are facing challenges like high tide; this survey is possible on high tide. Our survey says total sea bed is 10-15 meter depth and our tunnel will construct 25 to 40 meters depth from sea bed," Khare told ANI during the work inspection for the project.
"We are hoping to start our tunnel work next year," he added.
The data acquisition work on the tunnel project started from December 11, and is expected to be finished by December 24.
The cost of the tunnel is estimated at Rs 3,500 crores.
The cost of the total train project is Rs 1.10 trillion, and Japan is giving a loan of Rs. 88,000 crores for the same at a minimal interest of 0.1 per cent, which has to be repaid over 50 years. (ANI)