12.7.08

MMRDA decides to open second Mumbai Metro to PPP

Seven private consortia, including those from Mukesh Ambani-led Reliance Industries (RIL) and Anil Ambani-led REL Infra, have submitted bids for the 13.37-km Bandra-Kurla-Mankhurd corridor of Metro rail. MMRDA had yet to choose a model for the third corridor of Colaba-Bandra-Charkop, the longest single corridor of the Metro project and its costliest yet, at Rs 12,000 crore.The nine-corridor Mumbai Metro project is to be executed in three phases and is due for completion by 2022. The first corridor is expected to be operational by January 2010.

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