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Construction : Web Exclusive | February 2016 | Source : CW-India

Maharashtra expected to launch infra projects worth Rs 73,367 crore in 2016.

Calendar year 2016 brings in development opportunities of Mumbai in terms of infrastructure projects worth Rs 73,367 crore, to be launched in Mumbai and around. Some of the key projects include Mumbai Coastal Road (Rs 13,000 crore), Mumbai Trans Harbour Link (MTHL) (Rs 11,500 crore), Mumbai Metro Phase III, Cuffe Parade SEEPZ corridor (Rs 23,136 crore), 18.5 km Dahisar to DN Nagar (Rs 4,994 crore), 16.5 km Dahisar East to Andheri East (Rs 4,737 crore) and Navi Mumbai International Airport (Rs 16,000 crore).

Incidentally, the commissioning of these projects is targeted during the same calendar year of 2019 as the elections to the State Assembly will be held. Maharashtra Chief Minister Devendra Fadnavis holds high hopes for the same. These projects will be developed on cash contract basis and not on the build-operate-transfer model.

Dilip Kawathkar, Deputy Metropolitan Commissioner (Admin), Mumbai Metropolitan Region Development Authority (MMRDA), elaborates on the setting up of metro lines, “The metro projects are likely to be completed in the year 2019 while we are sure about executing the monorail project by the mid of this calendar year without any further delay.”With these infrastructure developments down the line, the state government has decided to scrap the Rs 5,000 crore Worli Haji Ali Sea Link project, which was awarded to the consortium led by Reliance Infrastructure during the Congress rule in 2010. Instead, the government decided to pursue the 35.6 km coastal road connecting south and north Mumbai and the 22 km MTHL connecting Mumbai and Navi Mumbai to curb congestion. Tenders for MTHL will be issued by March, for the coastal road by June, and for Navi Mumbai airport by April. Work on the three metro corridors is expected to be awarded after June.

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