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Mumbai: Extra Rs 10k crore okayed to push Metro-3 work

Updated On: 11 August, 2022 08:17 AM IST | Dharmendra Jore

Deputy CM Fadnavis blames delay over car depot for Metro cost overrun; in its first meeting, expanded cabinet also doubles compensation to farmers affected by rain

An 8-car train brought for trial runs, at the Metro-3 car depot site, Aarey colony, on August 7. Pic/Shadab Khan

The state cabinet on Wednesday approved an additional Rs 10,000 crore for the Colaba-Seepz Metro-3 project. The 33.5-km underground route was supposed to be completed this year, but it has been delayed because of the shifting of the car depot.

According to the CM’s office, the initial project cost of Rs 23,136 crore has been increased to Rs 33,405 crore. The Centre and state, which are the project partners, will share the additional burden. The Japanese financial company JICA has agreed to give more loans to meet the additional cost, it said. This was the first meeting of the cabinet that was expanded from a two-member team to a 20-minister council.  

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