27 August,2015 08:59 AM IST | | PTI
Maharashtra Chief Minister Devendra Fadnavis today sanctioned Rs 35,400 crore for the development of four metro lines
Mumbai: Maharashtra Chief Minister Devendra Fadnavis today sanctioned Rs 35,400 crore for the development of four metro lines.
The Mumbai Metropolitan Region Development Authority (MMRDA) is developing four lines including 40-km Dahisar-Charkop-Bandra-Mankhurd Metro-2 corridor, 40-km Wadala-Ghatkopar-Thane-Kasarvadavali Metro-4 corridor via Wadala GPO and R.A.Kidwai Marg, 27-km Dahisar-Andheri-Bandra Metro-5 corridor and 11-km Jogeshwari-Vikhroli link road Metro-6 line.
The government has approved Rs 12,000 crore for two lines Dahisar-Mankhurd and Wadala-Kasarvadavali, while Rs 8,100 crore has been sanctioned for
Dahisar-E-Andheri-E-Bandra-E line and Rs 3,300 crore for the Jogeshwari-Vikhroli Link Road corridor, MMRDA said in a statement issued here.
During the 138th annual meeting of MMRDA held today, Fadnavis also accepted two detailed project reports ¿ one for the 16.5-km Andheri-E to Dahisar-E Metro corridor and the other for 18.6-km Dahisar to D.N.Nagar Metro corridor ¿ prepared by the Delhi Metro Rail Corporation (DMRC) and has recommended these two corridors estimated at Rs 4,737 crore and Rs 4,994 crore, respectively for Centre's approval, it added.
The town planning authority has also recommended to the Centre to allow raising of funds from various financial institutions such as World Bank, Japan International Cooperation Agency and other national and international financial institutions for the projects.
Meanwhile, MMRDA also gave administrative approval of Rs 743.73 crore to be used for the construction of three elevated roads to clear traffic jams at Bandra-Kurla Complex and Santacruz-Chembur junctions.
The 1.3-km elevated road running from MTNL junction to LBS Flyover and the 3.45-km elevated road from Kurla (Kapadia Nagar) to Vakola near Western Express Highway (Rs 480.63 crore) will help clear SCLR junction.
It has also approved Rs 1,089 crore for development of Kalyan Growth Centre.