Mumbai Urban Transport Project-3 for Central Railway, Western Railway: On slow track since ‘16
Almost two years after getting Cabinet nod, the Mumbai Urban Transport Project (MUTP) 3, a project aimed at boosting rail connectivity in the Mumbai Metropolitan Region (MMR), is stuck for want of funds.
Of the estimated cost of ₹10,948-crore, ₹6,000 crore has been sought from the World Bank. According to the Mumbai Rail Vikas Corporation (MRVC), the nodal agency responsible for executing major infrastructure projects related to suburban railways, the World Bank is studying and reviewing the projects. “Talks with World Bank over the funding are going on. We are expecting a final decision by December,” said RS Khurana, chairman and managing director, MRVC.