The Mumbai-Ahmedabad High-Speed Rail (MAHSR) project, with a sanctioned cost of Rs. 1,08,000 crore, has achieved significant milestones. As of now, 290.64 km of pier foundation, 267.48 km of pier construction, 150.97 km of girder casting, and 119 km of girder launching have been completed. However, the anticipated timeline and final cost can only be determined upon the awarding of all contract packages.
The MAHSR project traverses through the high-growth states of Gujarat and Maharashtra, linking key business hubs such as Mumbai, Surat, Vadodara, and Ahmedabad. According to a feasibility study conducted by the Japanese International Cooperation Agency (JICA), the project’s Economic Internal Rate of Return (EIRR) was estimated to be 11.8%.