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India's bullet train on track with coastal and wildlife clearance - Report

Infra News - Published on Mon, 18 Feb 2019

Image Source: Mongabay
Mongabay reported that land acquisition for Prime Minister Narendra Modi’s dream project, the bullet train, is far from over, but just ahead of India’s parliamentary elections the project has now received the Coastal Regulation Zone clearance from an expert panel of the union environment ministry. The CRZ clearance comes within a month of the Mumbai-Ahmedabad High-Speed Rail project securing the wildlife clearance from India’s environment minister Harsh Vardhan-led standing committee of the national board for wildlife during its meeting on January 10, 2019.

The wildlife clearance gives a go ahead to diversion of over 100 hectares from in and around the Thane Creek Flamingo Wildlife Sanctuary, over 110 hectares (forest land and non-forest land) from the Sanjay Gandhi National Park and over five hectares from the Tungareshwar Wildlife Sanctuary. The Thane Creek Flamingo Wildlife Sanctuary is known for being a preferred place for migratory birds like flamingos while the Sanjay Gandhi National Park is known for its leopard population and with its position right within the city, it is often called as Mumbai’s ‘green lung’. The project will connect Maharashtra’s capital city, Mumbai, with Ahmedabad, which is a major city of Gujarat. The project involves a dedicated track of about 508 kilometres including 155.6 kms in Maharashtra, 348.2 kms in Gujarat and 4.3 kms in Dadra and Nagar Haveli.

Meanwhile, the estimated cost of the project is INR 1.08 trillion (Rs. 108,000 crore) and about 81 percent of the project cost (Rs. 880 billion/Rs. 88,000 crore) is being provided by Japan through the Japan International Cooperation Agency (JICA) as a soft loan at 0.1 percent per annum with repayment period of 50 years, including a grace period of 15 years.

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Posted By : Rabi Wangkhem on Mon, 18 Feb 2019
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