M'rashtra clears Rs.25,000 cr metro projects

    metro projects
    In a major push to the metro rail network in the city, the state cabinet recently approved two new metro routes- Metro-5 and Metro 6, entailing an investment of Rs.25,000 crore. The Metro 6 will run through Swami Samarth Nagar (Andheri-west)-Jogeshwari-Vikhroli and Metro-5 will connect the metropolitan region of Thane-Bhiwandi-Kalyan. The metro-6 corridor which will be fully elevated and is 14.47 km in length will have 13 stations and is likely to be constructed by Delhi Metro Rail Corporation. There will be an uninterrupted metro network connecting the suburbs as the proposed metro 6 line will be an extension to the metro-2 A (Dahisar-DN Nagar) corridor which is also being constructed. These two metro corridors put together will result in a continuous 33 km-long metro network connecting the east to west areas in the city. This corridor will connect business hubs like SEEPZ, L&T and IIT Powai area. It is expected to be completed by 2021 and nearly 6.5 lakh commuters are likely to use it on a daily basis, said official source. The project cost of Metro 6 has been estimated to be Rs.6,716 crore of which Mumbai Metropolitan Region Development Authority (MMRDA) will be shelling out Rs.3,195 crore and the state government will fund Rs.1820 crore, the remaining Rs.1,700 crore will be raised as loans. Similarly, the Metro-5 corridor (Thane-Bhiwandi-Kalway) will be connecting the neighboring cities to Mumbai commanding 23.50 km length with 16 stations. The total cost of the project is Rs.8,240 crore and will be completed by 2021.
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