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Doesn't matter. China gave a similar loan to Indonesia. My point isn't about that. Loan or no loan we have to pay the full price. We are going to construct this only once, then why not build the best. We are going to spend 8 billion dollars on this project , plus heavy price escalation (common in Indian projects) and the interest of 0.1% per annum for 50 years. We need to get the best. And we aren't quick like china, so once its built we wont touch this line till it starts creaking, it wont be continuously upgraded.
If you don't want to explain or discuss, at least don't waste my time by quoting again.First step for you is to learn what COST per KM mean.
Do that, then we can talk.
If you don't want to explain or discuss, at least don't waste my time by quoting again.
Sorry, haven't been active in a while, won't be active for a while longer. I have a lot of sudden work that has come up, and a big project that I'm working on for a client.@That Guy
Part 2 of that video you posted earlier has been uploaded:
Overall its done quite well and I agree with it overall.
Here is part 1 for all those that missed it:
source: http://www.dnaindia.com/mumbai/repor...uburbs-2267799The Maharashtra Urban Development (UD) Department has approved 118km of Metro lines, which will connect various parts of the Mumbai suburbs. The move is aimed to ease traffic congestion.
According to the department notification, the government has approved following lines: Dahisar-DN Nagar (27km), Bandra-Mankhurd (13km), Wadala-Ghatkopar-Thane-Kasarwadavali (22km), Wadala-RA Kidwai Marg (8km), Dahisar (E)-Andheri (E) (18km), Andheri (E)-Bandra (E) (9km) and Jogeshwari-Vikroli Link road (11km).
The Mumbai Metropolitan Region Development Authority (MMRDA) will undertake this work, while the Delhi Metro Rail Corporation (DMRC) will work as an advisory for the finalised Metro routes. The estimated cost for the Metro-II route (Dahisar-Charkop-Bandra-Mankhurd) is Rs10,986 crore, while Metro-IV route (Wadala-Ghatkopar-Mulund-Thane-Kasarvadavli) will cost an estimated cost Rs14,549 crore.
The Government has also approved the decision of raising loans for these approved Metro lines from the Asian Development Bank (ADB). In addition, MMRDA can also take loans from the World Bank or any other internationally approved bank. The Government will not take any responsibility of repaying the loan.
Moreover, the Government and semi-Government agencies will have to rent the land under them to the MMRDA for development of the Metro lines, at a reasonable rate. If it requires to acquire the land permanently, the acquisition will be done as per the new Land Acquisition Act, 2013.
A senior UD official said the Maharashtra Government has declared Metro an important and urgent project, so that various approvals required from the Central and Western Railways could be sought on an urgent basis.
"The Metro project has to be completed within the stipulated time. The State Government will provide power for the project at a reasonable rate. The Government has also decided to have an integrated transport system," added the official, requesting anonymity.
He further said that during the development of these Metro lines, innovative traffic diversion will be done. "People should not suffer because of the project. We will sit with the traffic department officials and do innovative traffic diversion, so that the Metro work can carry on smoothly," he said.
After seeing a temporary blip in the second quarter of calendar year 2016 (CY16), consumer confidence index of the country is back on the top.
Latest data released by market research agency Nielsen shows that India topped the list of countries with a score of 133, a point lower than the nine-year high of 134 in Q1 CY16.
The jump from Q2 (when India’s index was 128) is significant. Nielsen said it highlighted the confidence level among Indian consumers at the moment. The global consumer confidence average is only 99 in Q3, indicating just how strong consumer confidence is in India.
“The latest score for India is the highest historically for the quarter and reiterates renewed optimism levels as well. This is now back to first-quarter highs and is in line with the observation that the last quarter was a temporary dip. It is a testimony to the fact that the fundamentals of the economy remain strong,” Prasun Basu, president, South Asia, Nielsen, said.
The survey for the current index was done between August 2 and September 10, covering online respondents in 63 countries. The Philippines and Indonesia come in at number two and three, with scores of 132 and 122, respectively.
Specifically, sentiment levels among Indian consumers about personal finance, Nielsen said, had improved by 6% points to 84% in Q3 versus 78% in Q2.
Over 81% respondents indicated optimism over job prospects in the third quarter, higher than the 78% seen in Q2, Nielsen said.
“The positive sentiment is helped by delayed but good monsoons, controlled inflation, positive economic outlook, and the onset of the festive season,” Basu said.
“The fast-moving consumer goods market, in fact, shows a similar pattern of bounce back in the third quarter, following a muted second quarter,” he said.
Recessionary sentiment among Indian consumers was lower by 4% points at 54% in Q3, versus 50% in Q2. Among urban Indians, 68% say it is a good time to buy things, while 56% said they would spend on holidays and vacations.
Curious, have u finished land acquisition before construction?Full steam ahead: Work on bullet train to start in 2017, says Railways
MUMBAI: The Indian Railways administration plans to begin construction work on the Mumbai-Ahmedabad high-speed corridor next year.
Railway board member (traffic) Mohammed Jamshed, who was in Mumbai, to attend the chief commercial managers' conference said, "Work on the hi-speed railway corridor will begin next year." However, some contentious issues involving acquisition of land remain. The Railways administration wants the bullet train terminal to come up in Bandra-Kur la Complex (BKC), but the state government has instead offered a plot at Bandra Reclamation. The MMRDA has planned the international finance centre on the BKC plot.The Railways are not keen on the Bandra Reclamation land and the Niti Aayog and the prime minister's office are expected to take the final call.
The administration plans to run the first bullet train in 2023. The bullet train is expected the distance between between Mumbai and Ahmedabad in about two hours, running at a maximum speed of 350 kmph and operating speed of 320 kmph.
The estimated cost of the project is Rs 97,636 crore. The bulk of the funding for the project will come in the way of the loan from Japan.The estimate includes possible cost escalation, interest during construction and import duties.
http://timesofindia.indiatimes.com/...n-2017-says-Railways/articleshow/55061837.cms
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The train completed its trials at average speeds of 130, 140 and 150 kilometers per hour (kph) and took 12 hours, 11 hours, 16 minutes and 11 hours and 39 minutes respectively to complete the distance, the report said.