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He always takes interest in foreign technology to see how it can be used in India too,” informed Union External Affairs Minister Dr. PM did a similar thing when he went to Korea and Denmark. PM Modi takes interest in things like Bullet trains and such when he goes to a foreign country. Bullet train is an example of how we can bring the best technology from other countries. The system will be designed to operate trains at a maximum speed of 350 kilometres per hour, while the operational speed would be 320 kilometres per hour. Each bullet train will have a passenger capacity of between 1,300 and 1,600 passengers. Trains are proposed to have a length of between 10 and 16 coaches.
URBAN FLOAT SERIES
The Indian side had wanted to avoid a situation where both the companies jointly submit a bid, which could raise the priceĪccording to plan, Twenty-four red E5 Series Shinkansen trainsets will be procured to operate on the corridor, of which 6 are to be assembled in India.
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As per Japan, only Kawasaki and Hitachi are eligible to supply the rolling stock. This puts to rest a longstanding impasse that the project has faced, with prices for many of the critical items to be supplied by Japanese companies indicated to be up to 90 per cent higher than project consultants’ estimates.Īnother area of concern for the project was the procurement of the rolling stock - the actual train sets.
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Apart from this, Japan and India have agreed to put a cap on the cost of the systems and rolling stock, and that if the prices for these quoted by Japanese companies go beyond that cap, the balance will be footed by the Japanese side, outside the scope of the loan agreement for the project.
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