Maharashtra Cabinet Approves Rs 240 Bn Metro Projects Across Four Cities
RAILWAYS & METRO RAIL

Maharashtra Cabinet Approves Rs 240 Bn Metro Projects Across Four Cities

The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has approved three key decisions to boost metro connectivity across the state. The projects, with an investment exceeding Rs 240 billion, cover Mumbai, Pune, Thane, and Nagpur.

The Cabinet has sanctioned Mumbai Metro Line-11, an extension of Line-4 (Wadala–Thane–Kasarvadavali). The 17.51 km corridor will connect Anik Depot–Wadala–Gateway of India, with 70 per cent of the stretch underground. It will include 13 underground and one at-grade station.

The project, estimated at Rs 234.87 billion, will be executed by Mumbai Metro Rail Corporation (MMRCL). The state has also approved seeking Central Government support of Rs 31.37 billion in equity and Rs 9.16 billion in interest-free subordinate debt, while accepting responsibility for loan repayment.

The Cabinet also approved raising loans to fund key metro extensions, including:
  • Thane Ring Road Metro
  • Pimpri-Chinchwad–Nigdi and Swargate–Katraj corridors in Pune
  • Vanaz–Chandani Chowk and Ramwadi–Wagholi extensions of Pune Metro Line-2
  • Khadakwasla–Swargate–Hadapsar–Kharadi line and Nal Stop–Warje–Manikbagh spur under Pune Metro Line-4
  • Nagpur Metro Phase-2
The loans will be sourced from bilateral and multilateral agencies at concessional rates, with the state agreeing to bear repayment responsibilities.

Two New Stations, Shift in Katraj Alignment
Additionally, the Cabinet approved two new metro stations—Balajinagar and Bibwewadi—on Pune’s Swargate–Katraj corridor, along with shifting the Katraj station 421 metres southwards for better integration with the PMPML bus terminal. An expenditure of Rs 6.83 billion has been sanctioned, of which Pune Municipal Corporation will contribute Rs 2.27 billion, with the rest raised via loans.
The Pune Metro Phase-1 project, spanning 33.28 km across two corridors, is under execution by Maha-Metro, while Line-3 (Hinjewadi–Shivajinagar) is being developed under a PPP model by PMRDA.
Officials said the Cabinet decisions will accelerate metro development across Maharashtra’s major cities, reduce congestion, and strengthen sustainable transport infrastructure.

News source: The Free Press Journal

The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has approved three key decisions to boost metro connectivity across the state. The projects, with an investment exceeding Rs 240 billion, cover Mumbai, Pune, Thane, and Nagpur.The Cabinet has sanctioned Mumbai Metro Line-11, an extension of Line-4 (Wadala–Thane–Kasarvadavali). The 17.51 km corridor will connect Anik Depot–Wadala–Gateway of India, with 70 per cent of the stretch underground. It will include 13 underground and one at-grade station.The project, estimated at Rs 234.87 billion, will be executed by Mumbai Metro Rail Corporation (MMRCL). The state has also approved seeking Central Government support of Rs 31.37 billion in equity and Rs 9.16 billion in interest-free subordinate debt, while accepting responsibility for loan repayment.The Cabinet also approved raising loans to fund key metro extensions, including:Thane Ring Road MetroPimpri-Chinchwad–Nigdi and Swargate–Katraj corridors in PuneVanaz–Chandani Chowk and Ramwadi–Wagholi extensions of Pune Metro Line-2Khadakwasla–Swargate–Hadapsar–Kharadi line and Nal Stop–Warje–Manikbagh spur under Pune Metro Line-4Nagpur Metro Phase-2The loans will be sourced from bilateral and multilateral agencies at concessional rates, with the state agreeing to bear repayment responsibilities.Two New Stations, Shift in Katraj AlignmentAdditionally, the Cabinet approved two new metro stations—Balajinagar and Bibwewadi—on Pune’s Swargate–Katraj corridor, along with shifting the Katraj station 421 metres southwards for better integration with the PMPML bus terminal. An expenditure of Rs 6.83 billion has been sanctioned, of which Pune Municipal Corporation will contribute Rs 2.27 billion, with the rest raised via loans.The Pune Metro Phase-1 project, spanning 33.28 km across two corridors, is under execution by Maha-Metro, while Line-3 (Hinjewadi–Shivajinagar) is being developed under a PPP model by PMRDA.Officials said the Cabinet decisions will accelerate metro development across Maharashtra’s major cities, reduce congestion, and strengthen sustainable transport infrastructure.News source: The Free Press Journal

Next Story
Infrastructure Urban

PM Modi Launches Rs 1.22 Trillion Development Projects in Banswara

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone for development works worth over Rs 1.22 trillion in Banswara, Rajasthan, on the fourth day of Navratri. During his visit to the sacred land of Maa Tripura Sundari and Maa Mahi, the Prime Minister paid homage to the region’s spiritual heritage and highlighted the resilience of India’s tribal communities, inspired by the legacy of Mahayogi Govind Guru Ji.Shri Modi emphasised energy generation as a national priority, announcing power projects exceeding Rs 900 billion across Rajasthan, Madhya Pradesh, Andhra Pradesh, ..

Next Story
Infrastructure Urban

GeM Launches Campaign to Boost Transparency and Fair Trade

The Government e-Marketplace (GeM) has launched a special campaign during Vigilance Awareness Week titled “GeM Ki Sunien, Satark Rahein, Zimmedar Banein,” reinforcing its commitment to transparency, integrity, and ethical practices in public procurement.The initiative aims to educate and empower buyers to adopt best practices and comply with rules while enabling sellers—including last-mile entrepreneurs, startups, and micro and small enterprises (MSEs) from Tier-2 and Tier-3 cities—to access secure and transparent opportunities. GeM’s safeguards, such as red-flag alerts, structured b..

Next Story
Infrastructure Urban

DoT, FIU-IND Join Forces to Curb Telecom-Based Frauds

The Department of Telecommunications (DoT) and the Financial Intelligence Unit-India (FIU-IND) have signed a comprehensive Memorandum of Understanding (MoU) to strengthen information sharing and coordination, marking a major step in India’s fight against telecom misuse in cyber-crimes and financial fraud.The MoU was signed by Shri Sanjeev Kumar Sharma, Deputy Director General (AI & Digital Intelligence Unit – DIU), DoT, and Shri Amit Mohan Govil, Director, FIU-IND, in the presence of Dr. Neeraj Mittal, Secretary (Telecom), and Shri Arvind Shrivastava, Secretary (Revenue). The agreement..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?