Fadnavis gifts Rs 73,367 cr infrastructure projects to Mumbai

Commissioning of various projects by 2019 when Maharashtra goes to polls

geetanjali

Geetanjali Minhas | January 5, 2016 | Mumbai



New year has brought bonanza to Mumbai. The capital of Maharashtra will get Rs 73,367 crore for various infrastructure projects this year.

Some of the key projects include the Rs 13,000 crore Mumbai coastal road, Rs11,500 crore Mumbai trans harbour link (MTHL),Rs 23,136 crore Mumbai metro III corridor - Cuffe Parade to SEEPZ, Rs 4,994 crore 18.5-km Dahisar to DN Nagar, Rs 4,737 crore 16.5-km Dahisar east to Andheri east and Rs 16,000 crore Navi Mumbai International Airport.
 
State chief minister,Devendra Fadnavis is targeting completion of these flagship projects during calendar year 2019, at the time when elections to the state Assembly will be held.

Instead of the Rs 5,000-crore Worli-Haji Ali Sea Link project earlier awarded to the Reliance industries led consortium during the Congress regime in 2010, the BJP-Shiv Sena government has now decided to go ahead with 35.6-km coastal road connecting south and north Mumbai. A major hurdle was crossed last week after the forest advisory committee gave its nod for the coastal road. As the project will require 168.08 hectares to be reclaimed for its construction, a nod was given with a rider that that 91 hectares of green space will be created and that there is no be real estate development along the coast. Tenders for the coastal road will be issued by June.

For the 22-km MTHL, connecting Mumbai and Navi Mumbai, tenders for MTHL will be issued by March. The chief minister said the government this month will reach a financial closure with Japan International Cooperation Agency (JICA) which has desired to provide 80% loan. The state undertaking Mumbai Metropolitan Region Development Authority (MMRDA) is the nodal agency.

In case of Navi Mumbai international airport, CIDCO( City and Industrial Development Corporation), is the  nodal agency and  hopes to issue request for proposal (RFP) by April  and give the contract by June. The first phase with annual passenger handling capacity of 10 million will be commissioned by December 2019.

According to CIDCO vice chairman and managing director Sanjay Bhatia pre-development work on the Navi Mumbai international airport will commence in February with the diversion of the Ulwe river, clearing, levelling and reclamation of marshy land, raising the level of land to 5.5 metre above sea level and relocation of power lines.

Work on the three metro corridors is expected to be awarded after June. Mumbai Metro Rail Corporation, which is a JV between the government of India and the state hopes to launch the construction of Mumbai Metro III and Dahisar to D N Nagar and Dahisar east to Andheri east routes after June. The projects will be completed by 2019.

Comments

 

Other News

Just eight men own the same wealth as the poorest half of the world

  Among one of the blatant signs of economic inequality, just eight men own the same wealth as the poorest half of the world. In a report titled, ‘An economy for the 99%’, Oxfam Intern

India ranks below Bangladesh, Nepal in inclusive development index

India has fared worse than its neighbours: Nepal, Bangladesh, Pakistan and China, in an inclusive development index. World Economic Forum’s Inclusive Growth and Development Report 2017 said that India, with a score of only 3.38, ranks 60th among the 79 developing economies on the IDI (inclu

Steel policy to boost steel production to 300 million tonnes by 2030-31

Minister of steel Chaudhary Birender Singh chaired a meeting of the parliamentary consultative committee attached to the ministry of steel in New Delhi on initiatives taken by the steel ministry to enhance demand and production of steel in the country and status of completion of projects by the PSUs. 

Manufacturing growth has underpinned India’s economic performance: ILO

Manufacturing growth has underpinned India’s recent economic performance, which may help buffer demand for the region’s commodity exporters, said an International Labour Organisation (ILO) report. The report “World Employment Social Outlook - Trends 2017” said that ec

Demonetisation expected to temporarily dampen India’s oil appetite: Analysts

The dramatic rise in India`s oil demand shows no signs of faltering, leading analysts say that the country will remain a driver of Asian growth in 2017.  Consumption is expected to rise by 7-8% this year, outpacing China`s demand growth for the third consecutive year, said Platts Analytics i

Railway Budget: A new track

This time of the year, the corridors of Rail Bhawan on Delhi’s Raisina Road, would normally have been abuzz with activity as officials would be at work tightening the nuts and bolts of the railway budget. The exercise was so time consuming, officials would have to sometimes go without sleep. The effo

Video

समाजवादी परिवार में सुलह के आसार बढ़े

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter