Mumbai gets Rs 200 billion projects
ECONOMY & POLICY

Mumbai gets Rs 200 billion projects

Prime Minister Narendra Modi recently initiated for India’s financial capital, projects worth Rs 200 billion. These projects have been initiated in line with the ‘Mumbai in Minutes’ vision. The projects reportedly include new metro lines, Metro Bhavan and new facilities at metro stations that are expected to give a new dimension to Mumbai and make it convenient for city residents. Reportedly, Rs 200 billion have been initiated in Mumbai while Rs 1.5 trillion has already been invested in Mumbai Metro.

The three metro lines, for which the foundation stone was laid, will together add more than 42-km to the metro network of Mumbai. The three corridors are: the 9.2-km Gaimukh-Shivaji Chowk (Mira Road) Metro-10 Corridor, the 12.7-km Wadala-CST Metro-11 Corridor; and the 20.7-km-long Kalyan-Taloja Metro-12 Corridor.
The state-of-the-art Metro Bhavan will be a 32-storey centre that will operate and control 14 metro lines measuring around 340 km.

Further, the Bandongri Metro Station at Kandivali East was also inaugurated; along with a state-of-the-art metro coach – the first metro coach under the government’s Make in India initiative.

In line with the ‘Mumbai in Minutes’ goal, a vision document has been released to provide better infrastructure for the Mumbai Metropolitan Region (MMR). As reported, the document explains how to make the best use of various modes of transport. A master plan has also been made for Mumbai Metro, which is expected to see a significant expansion in the coming years.

With Mumbai’s current metro network at 11 km, the city is expected to witness a network of 325 km by 2023-24. Further, the metro projects are expected to create job opportunities for about 10,000 engineers and 40,000 skilled and unskilled workers.

Prime Minister Narendra Modi recently initiated for India’s financial capital, projects worth Rs 200 billion. These projects have been initiated in line with the ‘Mumbai in Minutes’ vision. The projects reportedly include new metro lines, Metro Bhavan and new facilities at metro stations that are expected to give a new dimension to Mumbai and make it convenient for city residents. Reportedly, Rs 200 billion have been initiated in Mumbai while Rs 1.5 trillion has already been invested in Mumbai Metro.The three metro lines, for which the foundation stone was laid, will together add more than 42-km to the metro network of Mumbai. The three corridors are: the 9.2-km Gaimukh-Shivaji Chowk (Mira Road) Metro-10 Corridor, the 12.7-km Wadala-CST Metro-11 Corridor; and the 20.7-km-long Kalyan-Taloja Metro-12 Corridor.The state-of-the-art Metro Bhavan will be a 32-storey centre that will operate and control 14 metro lines measuring around 340 km.Further, the Bandongri Metro Station at Kandivali East was also inaugurated; along with a state-of-the-art metro coach – the first metro coach under the government’s Make in India initiative.In line with the ‘Mumbai in Minutes’ goal, a vision document has been released to provide better infrastructure for the Mumbai Metropolitan Region (MMR). As reported, the document explains how to make the best use of various modes of transport. A master plan has also been made for Mumbai Metro, which is expected to see a significant expansion in the coming years.With Mumbai’s current metro network at 11 km, the city is expected to witness a network of 325 km by 2023-24. Further, the metro projects are expected to create job opportunities for about 10,000 engineers and 40,000 skilled and unskilled workers.

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App