MRVC list out six Railway projects totaling Rs.11441 Crore to be included in the Works Programme of FY 2015-16

Mumbai: The Mumbai Rail Vikas Corporation (MRVC) has sent a list of six projects totaling Rs11,441 crore to be included in the Works Programme (WP) for the financial year starting April 2015.

The acceptance of the proposal by the railway board, of which officials in the city are highly optimistic, will mean these six projects getting announced in the railway budget that will be tabled before parliament later this month. The projects form phase III of the Mumbai Urban Transport Project (MUTP).

In its January 31 edition, dna had written about how MRVC officials were camping in Delhi to get these works included. Officials from both Western and Central Railway told dna that if these projects are included in the budget and the Works Programme, it will be a worthwhile budget for the city.
Here are the projects envisaged…

Virar-Dahanu third and fourth lines, which will allow more suburban trains to Dahanu:  At the current price, it will cost Rs.2,558 crore, of which Rs.2,046 crore will be a World Bank loan and the rest shared equally by the railway ministry and government of Maharashtra. The cost of completion of this project, around six years from the start of construction, will see prices go up to Rs.3,555 crore, of which Rs.2,884 crore will be loaned by World Bank and Rs.711 crore shared equally by the state and the railways.

Panvel-Karjat suburban line: It will cut the distance between CST and Karjat from 100km to just 77. At current costs, it will require an estimated Rs.1,561 crore, of which the World Bank loan would be Rs.1,249 crore and the rest shared by the state government and the railways. On completion, it’s likely to have a price tag of Rs.2,024 crore, with the World Bank loan component reaching Rs.1,619 crore.

The elevated Airoli-Kalwa connector: The connector, an elevated rail line about 4km in length, will allow more people to reach Navi Mumbai without putting added pressure on the already congested Thane station. The current price of the project is Rs.356 crore — a World Bank loan of Rs.285 crore and the rest shared by the state and the railway ministry. On completion, the cost will be Rs.428 crore, with the World Bank component standing at Rs.342 crore and the state-railway share totaling Rs.86 crore.

Rolling Stock: New trains as part of the project, all closed door ones, will cost Rs.2,350 crore as per current estimates and Rs.2,899 crore on completion. The World Bank loan at current rates would be Rs.940 crore, which will rise to Rs.1,160 crore on completion.

Station Development: One of the more ambitious plans of the railways, it will see addition of space and facilities at 20 of the city’s biggest stations. It will come with a price tag of Rs.1,500 crore, of which Rs.1,200 crore will be World Bank loan at current prices, and Rs.1,950 crore, of which Rs.1,560 crore will be the loan on completion

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