Maharashtra Cabinet nod to hike in Metro-3 project cost
The state Cabinet on Wednesday gave its nod to a hike in the project cost for Metro-3 connecting Cuffe Parade and Seepz.
The Mumbai Metro Rail Corporation (MMRC) had asked for an increase in project cost of Metro-3 following which the urban development department had put forth a request before the Cabinet. The development was first reported in The Indian Express on August 9.
A senior officer of MMRC said that project cost has now increased from Rs 23,136 crore to Rs 33,405 crore. The urban development department – the parent body to which MMRC reports — had sought an increase of Rs 10,269 crore for the project. It had also asked for a new financial outlay for the project.
