MMRDA approves Rs 35,400 crore for 118km of Metro corridors
Manthank Mehta | Aug 27, 2015, 01.00 AM IST
MUMBAI: The Mumbai Metropolitan Region Development Authority has sanctioned Rs 35,400 crore for 118km of Metro corridors across Mumbai and Thane. The decision was taken in a meeting chaired by chief minister Devendra Fadnavis.
The fund will be used for the 40km Dahisar-Charkop-Bandra-Mankhurd Metro-II, 40km Wadala-Ghatkopar-Thane-Kasarvadavali Metro-IV corridor via Wadala GPO and R A Kidwai Marg, 27km Dahisar (E)-Andheri (E)-Bandra (E) Metro V and 11km Jogeshwari-Vikhroli Link Road Metro VI corridors.
"The authority has accepted detailed project reports for the 16.5km Andheri (E)-Dahisar (E), which is part of Metro V, and 18.6km Dahisar-DN Nagar, which is part of Metro II, that were prepared by Delhi Metro Rail Corporation," said an MMRDA spokersperson. The Andheri (E)-Dahisar (E) corridor is estimated to cost Rs 4,737 crore, while the Dahisar-DN Nagar corridor will cost around Rs 4,994 crore. "Work on these two stretches will begin before this financial year end," said additional metropolitan commissioner Sanjay Sethi.
Funds for the project would be raised from financial institutions, including international ones such as the World Bank and the Japan International Cooperation Agency.
MMRDA also afforded administrative approval to an estimated expenditure of Rs 744 crore for the construction of three elevated roads to clear traffic chaos at Bandra-Kurla Complex (BKC) and Santacruz-Chembur Link Road (SCLR) junctions.
"A 1.3km elevated road from MTNL junction to LBS flyover and a 3.45km elevated road from Kurla (Kapadia Nagar) to Vakola near Western Express Highway (both costing around Rs 481 crore) will help clear SCLR junction, while a 1.9km elevated road from Bharat Diamond Bourse in G Block to Vakola junction near Western Express Highway (Rs 263 crore) will help decongest BKC junction," the MMRDA