Home   |     Mumbai Info   |     List Your Business     |    Business   |    Cool Links  |  Mumbai Interested Places   |  Advertise with us     |     Contact Us
  Mumbai Airport
  Mumbai Banks
  Mumbai Best Services
  Mumbai Blood Banks
  Mumbai Doctors
  Mumbai Education
  Mumbai Emergency
  Mumbai Entertainment
  Mumbai Festivals
  Mumbai Hospitals
  Mumbai Hotels
  Mumbai Metro Rail project
  Mumbai News Papers
  Mumbai Police Department
  Mumbai Real Estate
  Mumbai Restaurants
  Mumbai Railway Stations
  Mumbai Temples
  Mumbai Municipal Corporation
  Railway Time Table
  Stock Exchange
  Metals & Minerals
  Tourist Guide
  Natural Stones
  India Links
  Jain Information
  Paper & paper Products
  Websites on Mumbai
  Site Map
   Mumbai Metro Rail Project

MUMBAI METRO MAILA consortium led by Anil Dhirubhai, Ambani Group company Reliance Energy Ltd and Mumbai Metropolitan Region Development Authority on Thursday bagged the contract for the Rs 2,356 crore Phase-I of the ambitious Mumbai Metro Rail project.

The work on the 11 km Versova-Andheri-Ghatkopar corridor, which comes under phase-I, will start by June and the foundation stone will be laid by Prime Minister Manmohan Singh, Maharashtra Chief Minister Vilasrao Deshmukh said.

The first corridor will be completed within three years by a special purpose vehicle (SPV) formed by Mumbai Metro-I consortium.

The other corridors in the first phase include 38 km Colaba-Mahim-Charkop route and 14 km Bandra-Kurla-Mankhurd route, the Chief Minister said.

Deshmukh said the Metro Phase-I will be implemented on a Build-Own-Operate-Transfer (BOOT) basis for the period of 35 years of which the first five years will be for construction.

Notably, the project has been allotted a week after Reliance-led consortium drastically cut down the viability gap funding (VGF) from Rs 1251 crore to Rs 650 crore, as desired by the Maharashtra government.

"REL expected a rate of return at 26 per cent but we convinced them that nowhere in the world was there such a rate of return on public transport. Accordingly, the consortium agreed on 15 per cent rate of returns," MMRDA Chairman T Chandrashekhar said. Out of the Rs 650 crore of VGF, 20 per cent (about Rs 130 crore) will be contributed by the Central government and the remaining by the State government.

The Mumbai Metro Rail Master Plan will be completed in three phases covering total of nine corridors at a cost of Rs 19,500 crore.

The first corridor, Versova-Andheri-Ghatkopar, will be on an elevated route with elevated stations and will connect densely populated areas of Western and Eastern suburbs cutting travelling time from 70 minutes to 21 minutes.

It aims at answering the most congested two-way movement throughout the day by providing access to areas such as MIDC, International Airport and other commercial areas, the Chief Minister said. The route will have 12 stations, which include Versova, DN Nagar, Azad Nagar, Andheri, Western Express Highway, Chakala, Airport, Marol Naka, Saki Naka, Subhash Nagar, Asalpha Road and Ghatkopar.

Mumbai Metro train,train to mumbai,mumbai metrorail

To suit the common man's pocket, the proposed fare structure is Rs six for up to three km, Rs eight for a distance of three to eight km and Rs ten for a distance over eight km.

The Metro will have air-conditioned compartments, escalators, lifts for senior citizens, automatic fare collection centres and automatic door closure system.

The construction work on the corridor will commence by October-November 2006 and it will be ready for commuters by December 2009, Chandrashekhar said.

Mumbai Hospital,Bombay hospital,Hinuja hospital,Mumbai Municipal Corporation

Copyright © 2008 www.mumbaimetro.com All Rights Reserved