Project News Detail

Project No :167961
Project Title :Plans To Metro Projectst In Maharashtra
Company Name : Government Of Maharashtra
Project Detail :The Maharashtra government has approved bank guarantees and loan-related sanctions for four projects. The four metros include Metro 2A (Dahisar to DN Nagar), Metro 2B (DN Nagar-Bandra-Mankhurd), Metro 4 (Wadala Ghatkopar Mulund Kasaravadavali), and Metro 7 covering (Dahisar East-Andheri East)

The state cabinet approved a bank guarantee of Asian Infrastructure Investment Bank’s (ADB) funding for the Metro 4 project. It has also decided to provide a debt sustainability certificate (DSC) to three other Metro projects — Metro 2A, 2B and 7 being funded by the ADB

Metro 4 will entail an investment of Rs 14,549 crore, while the remaining three projects will attract an investment of Rs 6,410 crore, Rs 10,986 crore and Rs 6,208 crore

The government approved a plot reserved for a playground to be used as an underground station for the Metro 3 project. The 554 sq mtr plot located at Tardeo will be built as Grant road station

The cabinet also approved a proposal to speed up work on the Metro 3 corridor as well. The estimated time for completion of the corridor is 2020-21. Metro-3 is a 33.5 km underground corridor that will link Colaba-Bandra-SEEPZ in Andheri (East)

The corridor is marked to cover 27 stations of which one station will be built underground. The estimated cost of project is Rs 23,136 crore

Project Location : Multi Location - Maharashtra - India
Project Industry :Railway Track
Project Estimation :Refer Document
Status :Announced
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