Key Points
The project, costing INR 3,063.63 crore, is being funded through internal accruals..
NAVI MUMBAI: The Navi Mumbai Metro (NMM) Rail Corridor Line No 1 connecting Belapur to Pendhar is all set to become operational this month as works on the remaining stations are in the final stage, said City and Industrial Development Corporation (CIDCO)...
crore is being carried out through surplus internal accruals and sans any financial assistance.. Sanjay Mukherjee, vice-chairman and managing director, CIDCO, speaking on the project completion said, The section between station 7 (Central Park) to station 11 (Pendhar), spanning 5.14 km, has reached the commissioning stage. Works on stations 1 to 6 are progressing at full pace and we are expecting them to be completed soon...
To expedite the project, CIDCO in February 2021 appointed Maharashtra Metro Rail Corporation Limited (Maha Metro) to complete the balance work of Line 1 at a cost of 850 crore..
The DPR includes the cost of constructing the line (route), operational and maintenance cost, funding options, length of the route, number of metro stations and other technical aspects..
