Mumbai: The Centre has sanctioned construction of at least 7 new railway lines in Maharashtra, including the Chhatrapati Shivaji Terminus (CST)-Panvel fast elevated corridor, collectively worth Rs 31,196 crore.
These seven new lines – 3,123 kms long – and several other projects have been sanctioned by the government in the Union Budget 2017-18 presented by Finance Minister Arun Jaitley. This year, Railway budget was incorporated in the general budget after a gap of over 90 years.
According to officials, Maharashtra has got budgetary allocations to the tune of Rs 5,958 crore for upcoming fiscal years, which is 408 per cent higher than the average allocation of last five years. Railway officials welcomed the budget saying the allocations made forthe new projects were “unprecedented” and “more than expected”.
Out of seven new lines, four big ticket projects are: Fast Elevated Corridor between CST to Panvel (55-km with initial cost of Rs 14,525 crore), Vasai-Virar-Panvel Corridor (72-km new suburban corridor with initial cost of Rs 8,787 crore),
and 3rd and 4th suburban lines between Pune and Lonavala (64-km with initial project cost of Rs 4,253 crore) and Bandra-Virar Elevated Rail Corridor (Phase I) (42-km with initial cost of Rs 762 crore). More info
By PTI www.freepressjournal.in