State may lay foundation stone for Metro-3 before Assembly polls: CMhttps://indianexpress.com/article/cities/mumbai/state-may-lay-foundation-stone-for-metro-3-before-assembly-polls-cm/

State may lay foundation stone for Metro-3 before Assembly polls: CM

The 33.5-km Metro corridor was stalled for nearly five months as authorities were awaiting the MMRC’s reconstitution.

With the reconstitution of the Mumbai Metro Rail Corp (MMRC) having given momentum to the Colaba-Bandra-Seepz Metro, which was until now on the slow track, Chief Minister Prithviraj Chavan said the state government hoped to lay the project’s foundation stone before the assembly elections.

Chavan said, “We are fully ready now. There is a possibility that the bhoomipujan for the Colaba-Bandra-Seepz Metro can be done before elections. We hope to do it soon.” He, however, did not mention a time frame. Sanjay Sethi, managing director of the MMRC, had earlier said that the construction is likely to begin in December.

The 33.5-km Metro corridor, which will be the second  Metro project to be taken up, was stalled for nearly five months as authorities were awaiting the MMRC’s reconstitution as a joint venture between the Centre and the state from being a fully state government-owned entity.

Officials had deferred a decision on the pre-qualifications, preferring the proposals to be assessed by the new board of the reconstituted MMRC.

The MMRC was reconstituted after the Chief Minister-led urban development department cleared the file after sitting on it for nearly nine months and nominated the state government’s directors to the board. Accordingly, the first board meeting of the reconstituted MMRC was conducted earlier this month during which the list of companies pre-qualified for bidding was approved.

Now, the MMRC is awaiting an approval from the Japan International Cooperation Agency, which is providing a loan to finance a vast part of the project, before inviting financial bids from the pre-qualified companies.

Simultaneously, the MMRC has also invited bids for civil and development work worth Rs 129.32 crore at the proposed Metro car depot at Aarey Colony.

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The last date for bid submission for the car depot works is on Thursday.

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