close

Moneylife » Companies & Sectors » Company News & Trends » Mumbai Metro I misses deadline again, would be ready by March 13

Mumbai Metro I misses deadline again, would be ready by March 13

    • 0 Comments, Be the first to comment
  • + COMMENT

PTI | 16/06/2012 12:34 PM | 

This is for the fourth time that the deadline for the first phase of the 12 kilometre Versova-Andheri-Ghatkopar corridor has been extended

Mumbai: Mumbaikars will now have to wait for another nine months to enjoy the ride on the city's first metro corridor from Versova to Ghatkopar as the deadline for its completion has been extended to March 2013, reports PTI.

This is for the fourth time that the deadline for the first phase of the 12 kilometre Versova-Andheri-Ghatkopar corridor has been extended.

Initially the deadline was for December 2010, which was extended to June 2011 then March 2012. Later it was again extended to November 2012.

Chief Minister Prithviraj Chavan, who reviewed the progress of various projects of the Mumbai Metropolitan Region Development Authority (MMRDA) on Tuesday, said the project will be completed by March next year.

"We have been informed by the project developer that the first corridor will become operational by March 2013," Chavan told reporters.

The Reliance Infrastructure-led consortium Mumbai Metro One Private Ltd (MMOPL) is developing the 12 km Versova-Andheri-Ghatkopar corridor under public-private-partnership (PPP).

On the progress of metro II project from Charkop to Mankhurd, Chavan said, "There has been a delay in construction of the 32 km route mainly due to the environmental clearance issues for the car depots at Charkop. We expect things to be sorted out soon."

The contract for construction of the ambitious Mumbai Trans Harbour Link (MTHL) will be awarded by November, he said.

"We have received tremendous response not only from domestic giants but also international firms who have formed several consortium. We expect the contract to be awarded by November this year," Chavan said.

Emphasising on completion of projects, he said, "Our prime focus now is to complete the existing projects as soon as possible. We want to project Mumbai as an international financial hub and the infrastructure projects undertaken are a step taken towards achieving this target."

The entire 16.8 km Eastern Freeway from PD'Mello Road to Ghatkopar is expected to be ready by March 2013, Chavan added.


Post Comment

More in Moneylife

Bulls, euphoria, BSE Sensex, stock market, stock, market sentiment, stocks

Sensex Rally: Winners and Losers as the index challenges the high of 2010 +2262 views

TODAY'S TOP STORIES

Post your Comment


Alert me when new comment is posted on this article
 Please read our Moderation Policy and Terms of Use before posting


Be the first to comment
Moneylife Magazine

Dear Visitor,

Those who have read Moneylife once have been hooked by its unique combination of penetrating research, independent opinion, choice of topics and our consistent pro-consumer and pro-investor stance, which no other publication takes. For a sample of reader responses, see below. If you are new to the site, you have a chance to taste Moneylife free for three issues. We do a lucky draw once a few days to select the lucky winners. So try your hand and get hooked!

Debashis Basu
Editor & Publisher, Moneylife Magazine

Congratulations to
Mahendra Dharod the lucky winner. You will receive a free Moneylife subscription for three issues.

 

Register for a Lucky Draw
 
First Name
Last Name
Address
Email
Security Code secure code
  Not readable? Change text.
  Submit
 

 

Moneylife Store
BUY NOW

What's your say?

Should the BCCI be brought under the ambit of RTI Act for bringing more transparency?
Yes
No
Can't Say
 
Enter Code : secure code
    change code
VOTE

What you said

Are KYC norms applicable only for genuine customers?

Thanks for casting your votes! View Previous Polls

Join 22, 000 Others

Membership Benefits
  • Daily & Weekly newsletters
  • Access to www.moneylife.in to comment, create alerts
  • Your own profile in Moneylife.in
  • All special mailers
  • Basic membership to MSSN, our new initiative
  • Free ebooks
  • Invitation to events
  • Invitation to round-table meets
  • Access to Insurance helpline
  • Access to counselling sessions
  • Access to Reading room in Mumbai