India-Japan's bullet train deal will cost more than education, health: It's more of a vanity project

[AndrewJin]

The project will cost around Rs 1 lakh crore. The cost is officially said to be Rs 97,636 crore, but reports said a Rs 10,000 crore additional cost may be incurred.

524 km distance.

Does this amount of money cover rolling stock?
Nearly 200 million yuan per km, that is insane.....
@anant_s

This 800km HSR, cost 100 billion yuan (Rs 1 lakh crore), that is around 120 million yuan per km，including 20+ new stations.
80-90% tunnels/bridges

 

[Muhammad Omar]

Japan has agreed to fund 80% of the Mumbai-Ahmedabad bullet train project through a soft loan of Rs 79,000 crore at an interest rate of 0.1%, with a tenure stretching over 50 years and a moratorium period of 15 years.


http://www.financialexpress.com/eco...a-for-1st-bullet-train-likely-in-2016/241182/

Only an idiot will say no to such an offer

True... Well Congrats

 

[Ryuzaki]

Does this amount of money cover rolling stock?
Nearly 200 million yuan per km, that is insane.....
@anant_s

This 800km HSR, cost 100 billion yuan (Rs 1 lakh crore), that is around 120 million yuan per km，including 20+ new stations.
80-90% tunnels/bridges

This covers everything,including setting up of new factories and required infrastructure

 

[AndrewJin]

This covers everything,including setting up of new factories and required infrastructure

Any specific news?

 

[Echo_419]

Any specific news?

You forget that your HSR Industry is highly mature & has the advantage of economics of scale

 

[endyashainin]

Why not get a soft loan from Japan to fix the existing network? Why go for the prestige project such bullet trains when the dilapidated state of the existing network is killing people by the dozens?

 

[AndrewJin]

You forget that your HSR Industry is highly mature & has the advantage of economics of scale

I am talking about the recently opened railway, our old HSRs are way cheaper.

 

[endyashainin]

This covers everything,including setting up of new factories and required infrastructure

But there will be no technology transfer. All signaling equipment, all rolling stock, and even the tracks will be imported. India will be left with the maintenance costs of running the network with no technology gains. The interest rate on the loan is low, but the loan is nothing but a subsidy for domestic Japanese bullet train industry. The bullet train deal is even worse than the Rafale jets deal.

 

[Ryuzaki]

But there will be no technology transfer. All signaling equipment, all rolling stock, and even the tracks will be imported. India will be left with the maintenance costs of running the network with no technology gains. The interest rate on the loan is low, but the loan is nothing but a subsidy for domestic Japanese bullet train industry. The bullet train deal is even worse than the Rafale jets deal.

80% of equipment will be manufactured by Indian enterprises,rest 20% will be manufactured by Japanese companies in India.

 

[AndrewJin]

But there will be no technology transfer. All signaling equipment, all rolling stock, and even the tracks will be imported. India will be left with the maintenance costs of running the network with no technology gains. The interest rate on the loan is low, but the loan is nothing but a subsidy for domestic Japanese bullet train industry. The bullet train deal is even worse than the Rafale jets deal.

Subsequent maintenance cost can be bigger than initial fees if maintenance tech is not managed by locals.

Purchasing rolling stock is another big fat cake.
One standard bullet train (8 cars) costs more than 200million yuan, that is 2 billion rupees.
They probably need 50 standard units at least.....

That's the brilliant part of Japanese whom I really admire.
They can even build you free ones....
They know where to earn money big time....
@Shotgunner51 is right on that.

 

[endyashainin]

80% of equipment will be manufactured by Indian enterprises,rest 20% will be manufactured by Japanese companies in India.

Wrong, all rolling stock will be imported. There will be NO local manufacturing or assembly.

 

[Articulate]

But there will be no technology transfer. All signaling equipment, all rolling stock, and even the tracks will be imported. India will be left with the maintenance costs of running the network with no technology gains. The interest rate on the loan is low, but the loan is nothing but a subsidy for domestic Japanese bullet train industry. The bullet train deal is even worse than the Rafale jets deal.

Incorrect.

Most of the equipment for the Bullet train will be built in India itself.

 

[Ryuzaki]

Wrong, all rolling stock will be imported. There will be NO local manufacturing or assembly.

Well,whatever you want you believe.Good day!

 

[Echo_419]

Wrong, all rolling stock will be imported. There will be NO local manufacturing or assembly.

Believe what you want false flagger

 

[anant_s]

@AndrewJin
Very simply put, Mumbai Ahmedabad HSR is a showcase project and it is implemented as existing government promised to bring HSR in its election manifesto. Owing to the fact that Japan agreed to finance the project at very liberal financial conditions, it has first movers advantage, however if this project was built on Open Global tender basis, situation would've very different.
As i've said earlier, next large scale projects (HSR) in India will come on equity sharing basis and here when you go for open bidding system, Chinese companies do have an advantage of a mass produced product/technology and therefore i'm quite sure that a lot of 1500 kms + line projects will land with Chinese Corporations.