Tender for Mumbai’s Metro phase 3 to be launched in July
The Mumbai Metro Rail Corporation (MMRCL) plans to issue detailed tenders for the 32.5-km Metro-3 by July 2014 and award the project by October 2014. The cost of this project is around Rs 23,136 crore.
The development of the Colaba-Bandra-SEEPZ underground metro corridor will be awarded on EPC (engineering, procurement and construction) which is expected to start in January next year. The Japan International Co-operation Agency will invest 57 per cent of the project cost.
Mr. Sanjay Sethi, Managing Director, MMRCL and Additional Metropolitan Commissioner, MMRDA, says that the government of India and the government of Maharashtra will invest the remaining 43 percent of the project cost. The government of India will provide the 50 per cent of Central Taxes as sub-debt while the balance 50 per cent shall be provided by the State Government.
14 companies in the run
14 companies have responded for the pre-qualification process.
Mr. Sethi mentioned that Rs 777 crore will be invested by the Mumbai International Airport Ltd (MIAL) as the metro will pass through the MIAL region.
The Colaba-Seepz metro will have 27 stations out of which 26 will be underground and one at Aarey Colony, Goregaon, on the ground level. The underground construction will be at a depth of 15-25 metres. The development of Metro is too implemented in 7 packages at the 14 locations.
He also added that the government has given approval to acquire 30 hectares in Aarey Colony, Goregaon, for a car depot. This acquisition is not permanent as temporary acquisition may be needed for casting yard and other construction purposes.
This project is expected to carry 39,000 commuters an hour per direction in 2021 and 42,000 commuters an hour per direction in the year 2031.
Source: The Business Line
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