Metro Project
Metro Project
Metro Project
The main objective of the Mumbai Metro is to provide a rail based mass transit connectivity to people within an approach distance of 1 to 2 K.m, and to serve the areas not connected by existing Suburban Rail System. . Mumbai Metro is to be built in three phases at cost of 36,000 crore (US$8.1 billion)
Phase I (20062011)
Versova - Andheri Ghatkopar - 11.07 Km (Construction Started, Expected To Be Complete By 2010) Dahisar (E) - Charkop - Bandra - Mankhurd - 39.2 Km Colaba - Bandra - Airport - 30 Km Phase II (20112016) Ghatkopar Mulund - 12.4 Km Phase III ( 20162021) Airport - Kanjur Marg - 9.5 Km Andheri(e) - Dahisar(e) - 18 Km Hutatma Chowk Ghatkopar - 21.8 Km Sewri Prabhadevi - 3.5 Km Total Length 146.5 Km
Reliance Energy Limited , incorporated in 1929, is a fully integrated utility engaged in the generation, transmission and distribution of electricity. It ranks among Indias top listed private companies on all major financial parameters, including assets, sales, profits and market capitalization.
Anil Ambani-owned Reliance Infrastructure on Thursday said it had achieved financial closure for the Rs11,500 crore Mumbai metro-II project. The 32km line will run from Charkop to Mankhurd via Bandra with 27 stations. The project has received sanctions of about Rs7,000 crore as per its entire debt requirement. While the equity for the project would be infused primarily by Reliance Infrastructure Ltd, the project will also get a viability gap grant of Rs2,298 crore from Maharashtra government, the company said in a release.
The debt transaction was led by Axis Bank and included IDBI Bank, Reliance Capital and its associates, it added. Reliance Infra had bagged the buildoperate-transferproject in August 2009 in consortium with group company Reliance Communications and Canadian firm SNC Lavalin Inc. The project, tipped to be completed by 2015, has a concession period of 35 years with an extension of 10 years.
With two metro projects in Mumbai, Reliance Infrastructure would be committing almost Rs 140 billion for the Mumbai metro sector only. This is the second metro project Reliance Infra is executing in Mumbai. The metro-I line on the Versova-Andheri-Ghatkopar corridor is to be completed next year.
We are proud to be developing both the metro rail projects in Mumbai awarded till date which, after their completion, would lead to significant decongestion of the urban transport system in Mumbai, chief executive & wholetime director Lalit Jalan said in the statement.
Thank you!!! !