Mumbai (Metro Rail News): Mumbai Metropolitan Region Development Authority (MMRDA) has approved a sizeable amount of Rs 2,111cr. for various developmental projects from Rs 18,404 crore budget for the financial year 2022-23. These projects include major infrastructural work on the underground Metro corridor between Wadala-CSMT, an extension of Eastern Freeway till Thane and construction of coastal link road between Nariman Point Cuffe Parade which are expected to begin this year.
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The budget was sanctioned in the 152nd authority meeting directed by Urban Development minister Eknath Shinde. According to the sources, the budget was presented with a deficit of 7680cr. and the shortfall will be covered by borrowing through loans, revenue by leasing of land parcels, development charges, income from Metro projects that will be commissioned this year, etc.
Amongst projects which will begin soon this year are the construction of a bridge from Nariman Point to Colaba/ Cuffe Parade, Metro Line 10 (Gaimukh to Shivaji Chowk), 11 (Wadala-Thane), 12 (Kalyan-Taloja), Extension of Eastern Free Way to Thane, Thane Coastal Road, Elevated Road from Anand Nagar to Kharegaon in Thane City, Kalyan Ring Road, Kopri-Patni Road etc.
Metropolitan Commissioner SVR Srinivas said that they are hoping to complete the tender process for these metro corridors in 6 months. The authorities have also planned to integrate Metro 11 with Metro 4 (Thane-Ghatkopar-Wadala) and are expecting the work to begin by May 2022.