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Railways Industry News

Mumbai Metro 3 project cost rises by Rs 10,269.82 crore

Thursday 11th Aug 2022    238
Mumbai Metro 3 project cost rises by Rs 10,269.82 crore
 
Mumbai :

Mumbai Metro 3 project, the Maharashtra cabinet will approve Rs 33,405.82 crore from Rs 3,136 crore, up from Rs 10,269.82 crore or about 44%. Several reasons have been cited for the increase, including the time required for excavations due to the presence of basalt rock, application of bottom-up construction technology due to space constraints, additional costs due to rock layers and the need to remove them, and the need to use temporary samples. to erect road traffic decks to allow for the construction of underground stations, as many of them are located in congested areas.

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

A senior official at the state's urban development department said the loan needed for the Japan International Cooperation Agency (JICA) project has increased by Rs 6,689 crore to Rs 19,924 crore.

 
 
 
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