Rs 300 Bn spent on Metro 3 project so far: RTI
RAILWAYS & METRO RAIL

Rs 300 Bn spent on Metro 3 project so far: RTI

It was revealed that Rs 300 billion has been spent on the construction of the underground Metro 3 between 2019 and 31st August 2024, according to a statement made by Yogendra Saxena, Director (Finance) of Mumbai Metro Rail Corporation Ltd (MMRCL), in response to a query under the Right to Information (RTI) Act. Saxena further disclosed that the project has faced a cost escalation of Rs 28 billion, which has been attributed to civil systems, track work, and rolling stock.

Originally, the 33.5km Metro 3 line, featuring 27 stations, was expected to be completed by 2019 at an estimated cost of Rs 210 billion. However, it was announced in July this year that the total cost had surged to Rs 372 billion.

In a separate RTI response to activist Zoru Bhathena, MMRCL provided further details on the total track length for Phase I (Aarey Colony to BKC) and Phase II (Dharavi to Cuffe Parade). The total track length for Phase I in both directions is 25.39km, while for Phase II, it is 41.8km. In a follow-up issued on 20th September, MMRCL confirmed that 21.79km of track had been energised.

Bhathena pointed out that, according to MMRCL’s social media updates, track testing has been underway since 2022. However, he noted a 3.6km gap in the electrification as revealed in the RTI response. Bhathena questioned why MMRCL presented Phase I as complete when it appeared that electrification of the Up and Down sections was not yet finished, raising concerns that trains may have to operate on a single track along part of the route.

MMRCL did not respond to inquiries from the Times of India regarding the cost escalation or the status of the track electrification in Phase I.

It was revealed that Rs 300 billion has been spent on the construction of the underground Metro 3 between 2019 and 31st August 2024, according to a statement made by Yogendra Saxena, Director (Finance) of Mumbai Metro Rail Corporation Ltd (MMRCL), in response to a query under the Right to Information (RTI) Act. Saxena further disclosed that the project has faced a cost escalation of Rs 28 billion, which has been attributed to civil systems, track work, and rolling stock. Originally, the 33.5km Metro 3 line, featuring 27 stations, was expected to be completed by 2019 at an estimated cost of Rs 210 billion. However, it was announced in July this year that the total cost had surged to Rs 372 billion. In a separate RTI response to activist Zoru Bhathena, MMRCL provided further details on the total track length for Phase I (Aarey Colony to BKC) and Phase II (Dharavi to Cuffe Parade). The total track length for Phase I in both directions is 25.39km, while for Phase II, it is 41.8km. In a follow-up issued on 20th September, MMRCL confirmed that 21.79km of track had been energised. Bhathena pointed out that, according to MMRCL’s social media updates, track testing has been underway since 2022. However, he noted a 3.6km gap in the electrification as revealed in the RTI response. Bhathena questioned why MMRCL presented Phase I as complete when it appeared that electrification of the Up and Down sections was not yet finished, raising concerns that trains may have to operate on a single track along part of the route. MMRCL did not respond to inquiries from the Times of India regarding the cost escalation or the status of the track electrification in Phase I.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code