Over Rs 31,916 cr spent on Mumbai metro since 2016: Economic Survey

12 Apr 2022 CW Team

The Maharashtra Economic Survey for 2021-22 revealed that over Rs 31,916 crore has been spent since 2016 for constructing 10 Metro corridors of about 180 km in the Mumbai Metropolitan Region (MMR).

The survey further suggested that the corridors are expected to be ready by 2024. Hence, MMR will have metro connectivity of nearly 200 km.

Overall a total cost of Rs 98,724 crore is to be incurred on the construction, having a capacity to carry approximately five million commuters every day. As of January 2022, more than Rs 31,916 crore have been spent out of which the total expected expenditure is 31%.

The maximum expenditure has been incurred for the construction of the three Metro corridors which include Dahisar-Andheri Metro-2A, Dahisar East Andheri East Metro-7 corridor, and the 32-km-long Colaba-Seepz Metro-3.

The expected cost of the project for Metro-3 is Rs 33,406 crore, and Rs 19,967 crore has already been spent. The Metro-3 is by far the most controversial project in MMR which had to be fully operational by the end of 2022, however, is stuck because of a lack of clarity on the construction of the Metro car depot. Therefore, the Metro-3 corridor cannot be expected to be operational before the end of 2024.

Metro-2A has the second-highest expenditure of Rs 3,816 crore and the expected cost of the project is Rs 6,410 crore. The Metro-7 corridor has the third-highest expenditure of Rs 3,017 crore and the expected cost of the project is Rs 6,208 crore.

Image Source

Also read: Mumbai Metro: MMRDA to open metro line 7 in next two months

Infrastructure Energy

25 Jun 2026

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..