Not satisfied with the public-private partnership (PPP) model of functioning, the Maharashtra state government has decided to award a contract for the construction of Metro III. The tenders for the service connecting Seepz and Colaba will be issued in July.
The decision was taken after CM Prithviraj Chavan expressed displeasure with Reliance, which is working with MMRDA to develop Metro I connecting Ghatkopar and Versova. Citing cost escalation, the firm had asked for a fare hike before the work even started.
MMRDA commissioner U P S Madan said, “PPPP model (on which Versova–Ghatkopar metro was built) is not successful worldwide. It is not the right approach. We will complete the next metro on a contractual basis.”
The contract will be awarded by October 2014 for the 32.5-km underground stretch and the work will begin by July 2015. MMRDA officials said 14 firms have responded to the pre-qualification bids till now.
Sanjay Sethi, managing director of Mumbai Metro Rail Corporation, said, “Bids for the first underground metro in the city have evoked good response from all the consortiums. At present, we feel the detailed tenders can be issued by July 2014.”
The funding for the project, estimated to cost Rs.23,136 crore, will come from Japan International Co-operation Agency (JICA), Government of India and Government of Maharashtra through MMRDA. Sethi said the Mumbai International Airport Ltd (MIAL) will also provide Rs.777 crore, as the metro will pass through the MIAL aiport area.
METRO III
The Colaba-Seepz metro will comprise 27 stations; all of which will be underground except the one at Aarey Colony, Goregaon. The construction will done be at an average depth of 15-25 meters.It will be carried out in seven packages at 14 different locations. As much as 30 hectares of land in Aarey Colony will be acquired for a car depot. The corridor is expected to cater to 39,000 commuters per hour per direction in 2021 and 42,000 commuters per hour per direction by 2031.
The decision was taken after CM Prithviraj Chavan expressed displeasure with Reliance, which is working with MMRDA to develop Metro I connecting Ghatkopar and Versova. Citing cost escalation, the firm had asked for a fare hike before the work even started.
MMRDA commissioner U P S Madan said, “PPPP model (on which Versova–Ghatkopar metro was built) is not successful worldwide. It is not the right approach. We will complete the next metro on a contractual basis.”
The contract will be awarded by October 2014 for the 32.5-km underground stretch and the work will begin by July 2015. MMRDA officials said 14 firms have responded to the pre-qualification bids till now.
Sanjay Sethi, managing director of Mumbai Metro Rail Corporation, said, “Bids for the first underground metro in the city have evoked good response from all the consortiums. At present, we feel the detailed tenders can be issued by July 2014.”
The funding for the project, estimated to cost Rs.23,136 crore, will come from Japan International Co-operation Agency (JICA), Government of India and Government of Maharashtra through MMRDA. Sethi said the Mumbai International Airport Ltd (MIAL) will also provide Rs.777 crore, as the metro will pass through the MIAL aiport area.
METRO III
The Colaba-Seepz metro will comprise 27 stations; all of which will be underground except the one at Aarey Colony, Goregaon. The construction will done be at an average depth of 15-25 meters.It will be carried out in seven packages at 14 different locations. As much as 30 hectares of land in Aarey Colony will be acquired for a car depot. The corridor is expected to cater to 39,000 commuters per hour per direction in 2021 and 42,000 commuters per hour per direction by 2031.
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