Cost of Mumbai Metro 3 sees a 44% surge to Rs 231.36 bn
RAILWAYS & METRO RAIL

Cost of Mumbai Metro 3 sees a 44% surge to Rs 231.36 bn

The Eknath Shinde-Devendra Fadnavis government in Maharashtra is set to approve an increase in the cost of the Colaba-Bandra-SEEPZ Metro 3 project to Rs 334.06 billion from Rs 231.36 billion, a rise of Rs 102.70 billion, or about 44%.

The state cabinet, at its meeting slated for this week, is expected to approve the proposal.

Several reasons are being cited for the increase, including the time taken in excavation owing to the presence of basalt rock, adoption of bottom-up construction technology for want of space, additional cost incurred on account of rocky layers and the need to dispose of them, and the need to erect temporary steel decks for road traffic to allow construction of underground stations, as many of them are in congested areas.

Yet another reason for the cost escalation is that Metro 3 stations have to accommodate eight coaches as against the six used by the Delhi Metro. Moreover, labour and accommodation are more expensive in Mumbai.

The state government’s approval came days after it allowed the Mumbai Metro Rail Corporation (MMRCL) to resume work on the Metro 3 car shed at Aarey Colony in Goregaon (East).

A senior official with the state urban development department said the loan needed for the project from the Japan International Cooperation Agency (JICA) has increased by Rs 66.89 billion to Rs 199.24 billion.

The state government will have to bear an paltry additional cost of Rs 1.33 billion as its contribution has gone up to Rs 25.54 billion from Rs 24.21 billion. But its share capital in the project will have to be increased to Rs 36.99 billion from Rs 24.02 billion. This amount will come from the Mumbai Metropolitan Region Development Authority (MMRDA) and is to be used for land acquisition, rehabilitation and tax.

See also:
Kochi water metro services to start in September
NHSRCL finishes 75 km pier work of MAHSR


The Eknath Shinde-Devendra Fadnavis government in Maharashtra is set to approve an increase in the cost of the Colaba-Bandra-SEEPZ Metro 3 project to Rs 334.06 billion from Rs 231.36 billion, a rise of Rs 102.70 billion, or about 44%. The state cabinet, at its meeting slated for this week, is expected to approve the proposal. Several reasons are being cited for the increase, including the time taken in excavation owing to the presence of basalt rock, adoption of bottom-up construction technology for want of space, additional cost incurred on account of rocky layers and the need to dispose of them, and the need to erect temporary steel decks for road traffic to allow construction of underground stations, as many of them are in congested areas. Yet another reason for the cost escalation is that Metro 3 stations have to accommodate eight coaches as against the six used by the Delhi Metro. Moreover, labour and accommodation are more expensive in Mumbai. The state government’s approval came days after it allowed the Mumbai Metro Rail Corporation (MMRCL) to resume work on the Metro 3 car shed at Aarey Colony in Goregaon (East). A senior official with the state urban development department said the loan needed for the project from the Japan International Cooperation Agency (JICA) has increased by Rs 66.89 billion to Rs 199.24 billion. The state government will have to bear an paltry additional cost of Rs 1.33 billion as its contribution has gone up to Rs 25.54 billion from Rs 24.21 billion. But its share capital in the project will have to be increased to Rs 36.99 billion from Rs 24.02 billion. This amount will come from the Mumbai Metropolitan Region Development Authority (MMRDA) and is to be used for land acquisition, rehabilitation and tax.See also: Kochi water metro services to start in September NHSRCL finishes 75 km pier work of MAHSR

Next Story
Infrastructure Energy

Udangudi Thermal Plant’s First Unit Synced to Grid

The first 660 MW unit of the Udangudi Supercritical Thermal Power Project in Tamil Nadu has finally been synchronised with the grid, marking a long-awaited milestone for the state’s power sector. The project, being developed at a cost of Rs 13,076 crore by Tamil Nadu Power Generation and Distribution Corporation Ltd (TNGPCL), was originally scheduled for commissioning in 2021 but faced repeated delays due to court disputes and the COVID-19 pandemic.The synchronisation took place at 7.56 pm on Thursday, when the unit produced 42 MW during its initial trial run. Officials noted that the plant ..

Next Story
Infrastructure Transport

Kandla Port to Expand Operations Beyond Gujarat

In a strategic shift, Kandla Port, managed by the Deendayal Port Authority (DPA), is preparing to expand its operations beyond Gujarat for the first time. The authority has confirmed that it is exploring opportunities to manage both public and private terminals in Maharashtra and Karnataka.Kandla Port, located in Gujarat’s Kutch district, has traditionally been one of India’s busiest ports, handling more than 150 million tonnes of cargo in the last financial year. About 60 per cent of this was petroleum, oil, and lubricants, while the remainder included timber, food grains, chemicals, and ..

Next Story
Infrastructure Transport

Mumbai Port Seeks Nod to Reclaim Sea at Jawahar Dweep

The Mumbai Port Authority (MbPA) has proposed reclaiming 4.14 hectares of sea at Jawahar Dweep, also known as Butcher Island, to build additional crude oil storage facilities. The proposal, which will be placed before the Maharashtra Coastal Zone Management Authority for clearance, aims to improve turnaround times for ships handling petroleum and chemical cargo.Officials argue that the move is essential, as liquid petroleum and chemicals account for nearly 70 per cent of the port’s cargo. Currently, oil unloaded at Mumbai Port is piped to refineries in Mahul, but limited storage capacity has..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?