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World Bank keen to fund Mumbai Metro projects

Tuesday, 16 Sep 2014
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The World Bank has evinced interest in funding the two proposed metro rail projects in Mumbai — the Charkop-Dahisar and the Wadala-Teen Hath Naka Metro projects.


The Maharashtra government recently merged the stalled Charkop-Bandra-Mankhurd Metro line with the proposed Charkop-Dahisar corridor by converting the entire line underground instead of the originally planned elevated line.

 

The proposed 40.2 km Dahisar-Bandra-Mankhurd Metro line is estimated to cost Rs 28,900 crore, with 37 stations underground. The cost of the 32 km Charkop-Bandra-Mankhurd corridor was originally pegged at Rs 7,660 crore, while the 7.8 km Charkop-Dahisar corridor was estimated to cost Rs 4,680 crore.


The state has also cleared a 30.8 km long metro link connecting Wadala on the eastern fringe to Teen Hath Naka on the north western fringe. The metro link will have 31 stations out of which 10 will be underground.

 

The World Bank had earlier funded two phases of Mumbai Urban Transport Projects, implemented by Mumbai Metropolitan Region Development Authority's (MMRDA). Phase-I involved Santa Cruz-Chembur and Jogeshwari-Vikhroli link roads, while Phase-II was to strengthen the suburban railway networks and improve its operational efficiency.


The Japan International Cooperation Agency (JICA) has also recently committed to funding two MMRDA projects - the Rs 23,136  crore Colaba-Seepz Metro and the 22 km long Rs 9,630 crore Mumbai Trans Harbour Link (MTHL).

 

More Project Info:
Charkop-Dahisar Metro Rail Project
 

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