Has the Maharashtra cabinet approved the Mumbai Metro project worth Rs 23,487.51 crore?

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Has the Maharashtra cabinet approved the Mumbai Metro project worth Rs 23,487.51 crore?

Synopsis

The Maharashtra cabinet has taken a significant step in urban transport by approving a massive Metro project worth over Rs 23,487 crore. This development will enhance connectivity in Mumbai and surrounding areas, bringing modern transport solutions closer to residents. Learn more about the project’s details, funding, and its impact on the city’s infrastructure.

Key Takeaways

  • Maharashtra cabinet approves Rs 23,487.51 crore for Metro Line-11.
  • Metro Line-11 will connect Anik Depot to Gateway of India.
  • 70 percent of the line will be underground.
  • Project includes 13 underground stations and 1 ground-level station.
  • Funding includes requests for Central Government assistance.

Mumbai, Sep 3 (NationPress) The Maharashtra cabinet, led by Chief Minister Devendra Fadnavis, has granted approval for the development of the 17.51 km Metro Line-11 from Anik Depot-Wadala to Gateway of India in Mumbai, with a financial allocation of Rs 23,487.51 crore.

This Metro Line-11 serves as an extension to Mumbai Metro Line-4 (Wadala-Thane-Kasarwadavali). The Detailed Project Report (DPR) has been prepared by the Delhi Metro Rail Corporation (DMRC), with the construction managed by Mumbai Metro Rail Corporation Ltd.

Notably, 70 percent of this line will be underground, leading to the establishment of 13 underground stations and one ground-level station. Recently, the cabinet subcommittee on infrastructure gave its nod for this project. The state government plans to request the Central Government for equity of Rs 3,137.72 crore and interest-free secondary loan assistance of Rs 916.74 crore. Additionally, the cabinet agreed that the state will take responsibility for repaying the loan acquired for this project.

Moreover, the state cabinet also sanctioned loans for various Metro Rail projects in Thane city, the Pimpri-Chinchwad to Nigdi Metro Rail Corridor in Pune city, the Swargate to Katraj Metro Rail Corridor, the Vanaz to Ramwadi (Route No. 2) extension from Vanaz to Chandni Chowk, Ramwadi to Wagholi (Vitthalwadi), and Pune Metro Route-4 (Khadakwasla-Swargate-Hadapsar-Kharadi) and Nal Stop Warje-Manikbagh (Sub-Route) and Nagpur Metro Rail Phase-2.

According to a government release, the Thane Circular Metro Project, Pimpri-Chinchwad to Nigdi Metro Rail Corridor, Swargate to Katraj Metro Rail Corridor, Vanaz to Chandni Chowk, and Ramwadi to Wagholi Metro Corridor (Vitthalwadi), along with Pune Metro Route-4 (Khadakwasla-Swargate-Hadapsar-Kharadi) and Nal Stop Warje-Manikbag (Sub-route) and Nagpur Metro Rail Phase-2, have already received approval.

The cabinet also agreed that the government would bear the responsibility of loan repayment by formalizing the necessary agreements. These projects are expected to secure loans at favorable interest rates through bilateral, multilateral financial institutions or other approved entities.

Project development agencies will be accountable for repaying the principal, interest, and additional charges associated with this loan. Approval was granted in the meeting held on Wednesday to provide a government guarantee, if required, concerning this loan.

Point of View

It is imperative to recognize the strategic importance of the Mumbai Metro Line-11 project, not only for enhancing the city's transportation infrastructure but also for boosting economic growth. This approval reflects the Maharashtra government's commitment to modernizing urban transit systems, which is crucial for the sustainable development of metropolitan areas across India.
NationPress
22/10/2025

Frequently Asked Questions

What is the Metro Line-11 project?
The Metro Line-11 project is a proposed 17.51 km metro line in Mumbai, extending from Anik Depot to Gateway of India, approved by the Maharashtra cabinet.
What is the budget for the Metro Line-11 project?
The budget for the Metro Line-11 project is Rs 23,487.51 crore.
How much of the project will be underground?
Seventy percent of the Metro Line-11 will be underground, featuring 13 underground stations and one ground-level station.
Who will construct the Metro Line-11?
The project will be constructed by Mumbai Metro Rail Corporation Ltd, with the Detailed Project Report prepared by the Delhi Metro Rail Corporation.
What assistance will the state government seek from the Central Government?
The state government will request Rs 3,137.72 crore in equity and Rs 916.74 crore in interest-free secondary loan assistance from the Central Government.
Nation Press