The Union Cabinet, chaired by the Prime Minister Narendra Modi approved the Thane Integral Ring Metro Rail Project in Maharashtra on 16 August, 2024. The 29-km corridor will run along the periphery of west side of Thane city. The estimated cost of the project is Rs 12,200.1 crore, with equal equity from the Government of India and Maharashtra state government as well as part-funding by bilateral agencies.
With a total length of the ring corridor of 29 km (26 km elevated and three km underground), it would connect prominent areas like Naupada, Wagle Estate, Dongripada, Hiranandani Estate, Kolshet, and Saket. The network is encompassed by Ulhas River on one side and Sanjay Gandhi National Park (SGNP) on the other. The project is likely to be completed by 2029.
Maha Metro will execute the project, along with civil, electromechanical, other associated facilities and has already initiated pre-bid activities and preparation of tenders. The project would also result in total daily ridership on the Metro corridors projected for the years 2029, 2035 and 2045 at 6.47 lakh, 7.61 lakh and 8.72 lakh passengers, respectively.