MMRC reveals revised cost for Mumbai Metro Line 3, here’s the new total after JICA’s funding boostThe Mumbai Metro Rail Corporation (MMRC) announced a revised project cost for the underground Metro Line 3, linking Colaba to Bandra SEEPZ. The Japan International Cooperation Agency (JICA) is funding the project, increasing the total borrowing to Rs 21,280.45 crore. The state government will cover the MMRDA's equity share in the...
more... increased cost, adding an additional Rs 1,163.3 crore to the MMRC. The project's original cost was Rs 23,136 crore, but due to various challenges, including land acquisition issues and the Covid-19 pandemic, it has increased to Rs 37,275.50 crore. The project was initially scheduled for completion by December 2021 but is now expected to commence in September 2023.
Mumbai Metro Rail Corporation (MMRC) ne Colaba se Bandra SEEPZ tak underground Metro Line 3 ke liye revised project cost announce kiya hai. Japan International Cooperation Agency (JICA) is project ko fund kar raha hai, jisse total borrowing Rs 21,280.45 crore ho gaya hai. State government MMRDA ke increased cost mein...
more... equity share cover karega, aur MMRC ko Rs 1,163.3 crore extra dega. Project ka original cost Rs 23,136 crore tha, but land acquisition issues aur Covid-19 pandemic jaise challenges ki wajah se yeh Rs 37,275.50 crore tak badh gaya hai. Project pehle December 2021 tak complete hone wala tha, but ab September 2023 mein start hone ki ummeed hai.