13.11.12

MTHL snippets


Even before the construction of the Nhava-Sewri sea link has begun, Maharashtra has fixed the toll amounts that people will have to pay if they use the 22-km bridge that will bring Mumbai and Navi Mumbai closer by half an hour.
Those driving in a car will have to pay Rs 235 as a one-way toll on the Mumbai Trans-Harbour Link for the first three years. “The toll will increase by 5% every three years and the amount will be charged for 30 years,” a source in the state administration said. It is expected to take five years to build the sea link and the work is likely to begin next year. “Toll will be charged for the first 30 years. Through the toll, the developer will recover the money he will invest and reap profit, besides use a part of it for maintenance,” the source added. For light commercial vehicles, the one-way toll will be Rs 350, while for heavy vehicles, it will be Rs 550. Around 50,000-1 lakh vehicles are expected to take the bridge in the first three years of it being opened.
The government decided to issue a state-support agreement and a toll notification so that the bidding to appoint a developer for the construction of the structure can be started. The facility has recently received a major boost from the Centre, which announced Rs 2,900 crore as its share in the Rs 9,600-crore plan. The project’s nodal agency, MMRDA, will share an equal amount (Rs 2,900 crore) on behalf of the state, while the rest will be borne by the developer.
The MMRDA also plans to start work on certain roads towards Panvel before taking up the construction of the trans-Harbour link. MMRDA’s expert panel has shortlisted five eligible consortiums to develop it.

SUM OF TRANS-HARBOUR LINK
Project : Link or Nhava-Sewri Sea Link
Length : 22km
Estimated Cost : 9,600cr
Centre’s share : 2,900cr
MMRDA’s share : 2,900cr
Developer’s share : 3,800cr
SUGGESTED TOLL FOR ONE-WAY JOURNEY
Car : 235
Light Commercial Vehicle : 350
Heavy Vehicle : 550
The toll will go up by 5% every 3 years

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