NEW DELHI: n a review meeting held earlier this month, Union Railway Minister, Piyush Goyal asked the officials of Mumbai Railway Vikas Corporation (MRVC) to look for funding through Public-Private Partnership (PPP) for two of its three projects proposed under Mumbai Urban Transport Project (MUTP-4).
The names of projects under MUTP-4 for Railway Minster suggested to seek funding through PPP are include the ambitious 55 kilometers long CSMT-Panvel elevated corridor expected to cost Rs 14,000 crore, CSMT-Thane underground high-speed corridor expected to cost Rs 16,000 crore, and a corridor for a Mumbai suburban line from Vasai to Panvel expected to cost Rs 6,000 crore. Out of which the first two corridors will require to be funded by prospective investors through Public-Private Partnership (PPP) model.
The Delhi Metro Rail Corporation Limited (DMRC) has prepared a feasibility study on the CSMT-Thane underground corridor and submitted to MVRC for review but the report failed to impress the MRVC and Central Railway officials. The proposal has now been sent to the Maharashtra government for a review and comment on the same.
A senior official from Mumbai Railway Vikas Corporation (MRVC said), “the idea is that the goods train presently running on the two lines will be moved to the Dedicated Freight Corridor on the completion of its construction by 2024, leaving the lines only for suburban passengers’ use. Also, we are looking at bunching the goods trains during off-peak hours to increase suburban passenger services along with adding more trains with improved signalling systems.”
Railway Minister has also instructed MRVC officials to check the feasibility of running additional services for the Vasai-Panvel corridor using automatic signaling and cab-signaling systems instead of constructing additional lines and incurring the huge cost for the same. The Railways have already the approved automatic signaling and cab-signaling systems under MUTP-3A on the existing lines.