MUMBAI URBAN TRANSPORT PROJECT PHASE
II
The Ministry of Railways
has identified eleven projects for inclusion in Mumbai Urban Transport
Project Phase II (MUTP) at an estimated cost of Rs. 3502 crores.
In this connection,
Mumbai Railway Vikas Corporation has been advised to obtain the
consent of the Government of Maharashtra for sharing 50 per cent
of the cost of MUTP Phase II.
It is planned to
pose the projects for funding by World Bank through the Ministry
of Finance as soon as the consent of the Government of Maharashtra
for 50 per cent cost sharing is received.
The projects included
in MUTP Phase II are : Kurla-Chhatrapati Shivaji Terminal fifth
and sixth lines, Mumbai Central-Santa Cruz-Borivali sixth line,
Bandra-Kurla (East West Link), Diva-Kalyan (Additional Pair of
Lines), Diva-Thane (Additional Pair of Lines), Extension of Harbour
Line from Thane to Andheri to Goregaon, DC to AC conversion from
Thane to Chhatrapati Shivaji Terminal, Signalling and Telecom
upgradation on local lines to improve headway, Electrical Multiple
Unit (EMU) maintenance facilities, stabling lines for EMUs and
EMU procurement, manufacture and retrofitment.
The estimated cost
of the ongoing MUTP Phase I Projects relating to rail component
is Rs. 3125 crores. The cost is shared equally between the Ministry
of Railways and the Government of Maharashtra.
The MUTP Phase I
is being funded by World Bank through a loan from International
Bank for Reconstruction and Development (IBRD) of US dollar 463
million including US dollar 305 million for rail component and
a credit from International Development Association (IDA) of US
dollar 79 million including US dollar 60 million for rail component.
The loan for MUTP
has become effective on November 6, 2002.
