Construction on the Colaba-Bandra-Seepz (Special Electronics Export Processing Zone) metro line will begin soon as the Mumbai Metro Rail Corporation (MMRC) will be finalising Request For Proposal (RFP) in the coming months.
“Private players will be given three months to submit RFP and, in the coming year, tunnelling work will commence,” said Sanjay Sethi, managing director, MMRC.
The 33.5km-long underground rail, also known as Metro III, will have 26 stations, including three that will be financed and constructed by the Mumbai International Airport Limited (MIAL).
“Earlier, the bids for the metro under MIAL’s jurisdiction, the rest of the stations, and the route were to be done separately, but now, as per the discussions held, this has been resolved. There will be an integrated tender, even for the three stations to come up in MIAL’s section,” added Sethi.
The three stations that will be financed by MIAL are Domestic Airport, Sahar Road and International Airport. As per the workings finalised, out of the total project cost of Rs23,136 crore, Rs777 crore will be given by MIAL, ie 3.4%. Japanese International Cooperation Agency will be providing Rs13,235 crore, or 57.2% of the project cost. More info