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Mumbai Metro 3 project cost rises by Rs 10,269.82 crore

2022-08-11

For the Mumbai Metro 3 project, Maharashtra Cabinet will approve Rs 33,405.82 crore from Rs 3,136 crore, a rise of Rs 10,269.82 crore or about 44%. Several reasons are being cited for the increase, including the time taken in excavation owing to the presence of basalt rock, adoption of bottom-up construction technology for want of space, additional cost incurred on account of rocky layers and the need to dispose of them, and the need to erect temporary steel decks for road traffic to allow construction of underground stations as many of them are in congested areas.

Yet another reason for the cost escalation is that Metro 3 stations have to accommodate eight coaches as against the six used by the Delhi Metro. Moreover, labour and accommodation are more expensive in Mumbai.

The state government’s approval came days after it allowed the Mumbai Metro Rail Corporation Limited (MMRCL) to resume work on the Metro 3 car shed in Aarey Colony in Goregaon (East).

A senior official with the state urban development department said that the loan needed for the project from the Japan International Cooperation Agency (JICA) has increased by Rs 6,689 crore to Rs19,924 crore.