Nod for Metro-5, Metro

The state cabinet approved the two elevated corridor projects that will enable seamless east-west connectivity. Both the approved metro corridors, designed for operating 6-coach trains, link major industrial and commercial hubs along their routes, the release said. Thane district guardian minister and Shiv Sena leader Eknath Shinde, who had been pressing for the Thane-Kalyan- Bhiwandi metro 5 link, thanked Chief Minister Devendra Fadnavis for approving the project.

Thane-Bhiwandi-Kalyan, Swami Samarth Nagar-Vikhroli routes to cost Rs 15,000 crore. The Metro-5 project is expected to cost ₹8,416 crore. "In the last three years, we have approved almost double the number of Metro projects which the previous government did not in the last 10 years", said state finance minister Sudhir Mungantiwar.

Metro-6 will run through Swami Samarth Nagar (Andheri-west)-Jogeshwari-Vikhroli and Metro-5 will connect the metropolitan region of Thane-Bhiwandi-Kalyan. The civil works on DN Nagar Metro-2B and Wadala-Thane Metro-4 corridor are also expected to start by next year.

More news: Park Avenue Securities LLC Acquires New Stake in Pepsico, Inc. (NYSE:PEP)
More news: Point guard James leads Cavs over Bulls
More news: Relaxed Burgess reckons England have the World Cup X-factor

The stations en route would be Swami Samarth Nagar, Adarsh Nagar, Momin Nagar, JVLR, Shyam Nagar, Mahakali Caves, SEEPZ Village, Saki Vihar Road, Ram Baug, Powai Lake, IIT-B Powai, Kanjurmarg West and Vikhroli EEH. The auto de pot for the project has been planned at Kanjurmarg. The 24-km Metro V corridor (Thane-Bhiwandi-Kalyan) will link neighbouring cities to Mumbai and have 17 stations.The project cost has been pegged at around Rs 8,240 crore and is expected to be completed by 2021.

The 18.6 Km Metro 2-A route is between Dahisar East to D N Nagar in Andheri East. Around 2.3 lakh daily commuters are expected to benefit from this corridor, which will be connected to two other proposed routes-Metro IV (Wadala-Thane-Kasarwadavli) and Metro XI (Taloja-Kalyan). By linking this corridor with Metro 6 corridor the entire corridor length becomes 33 Km and will be implemented by the Delhi Metro Corporation as Deposit Work.

Out of the total Rs 6,716 crore project cost of Metro 6 corridor, MMRDAs share is Rs 3,195 crore, state governments share is Rs 1,820 crore and rest Rs 1,700 crore will be loan component.

Recommended News

  • Say Hello To The Fabulously Minimalist Mazda Vision Coupe Concept

    Say Hello To The Fabulously Minimalist Mazda Vision Coupe Concept

    Like the RX-Vision, the Vision Coupe Concept has deep-draw scallops in the side surfacing, with no gratuitous sheetmetal folds. The multimedia system is made up of three screens integrated into the dashboard that shows information only when required.

    Fossils Reveal Prehistoric Trees Tore Themselves Apart To Grow

    In the cross-section of a tree trunk, each ring represents a single year that the tree has been on the planet. Some of the earliest trees on Earth had a much more complicated anatomy than those that live today.
    Google Pixel 2 XL screen burn-in/persistence issues

    Google Pixel 2 XL screen burn-in/persistence issues

    A Google staff member already acknowledged the problem and claims that a patch will arrive sometime next week to resolve it. Google Pixel 2 and Pixel 2 XL - were the major draw, touted as the pinnacle for Android-powered mobile devices.
  • Reliance Nippon Life sees 3% rise in individual new business in Q2

    An anchor investor refers to a qualified institutional buyer who buys stocks a day before the opening of an IPO of the company. Jointly owned by Japan's Nippon Life and Reliance Capital, the firm is the asset manager to Reliance Mutual Fund.
    DeVos Rescinds 72 Documents Explaining Rights of Students With Disabilities

    DeVos Rescinds 72 Documents Explaining Rights of Students With Disabilities

    Advocates for students with disabilities were still reviewing the changes to determine their impact. Jones, fears that rolling back guidance will make things more hard for students and parents.
    Fourth Amazon Studios Executive Exits Company In One Month

    Fourth Amazon Studios Executive Exits Company In One Month

    Joe Lewis, head of Half Hour and Drama Series Development, is now talking with an unidentified streaming company for potential employment, reports Deadline .
  • Arizona State to honor military, Pat Tillman with uniforms

    Arizona State to honor military, Pat Tillman with uniforms

    Additionally, the PT-42 badge is highlighted directly above the Arizona State moniker at the crest of the jersey collar. Tillman, who led ASU to the Rose Bowl in the 1996 season, later left the National Football League to enlist in the U.S.
    Mother Of Dreamworld Tragedy Victims Pens Open Letter Ahead Of Anniversary

    Mother Of Dreamworld Tragedy Victims Pens Open Letter Ahead Of Anniversary

    She also paid tribute to Kate as a "perfect mummy" to two little girls and to Luke and Roozi as "perfect uncles". Kate Goodchild's daughter was on the ride also but was flung off to safety, as was another child.

    Sherwin-Williams tops Street 3Q forecasts

    The stock of W W Grainger Inc (NYSE:GWW) has "Hold" rating given on Friday, May 26 by BMO Capital Markets. It also upped Hd Supply Hldgs Inc (NASDAQ:HDS) stake by 7.93M shares and now owns 9.93 million shares.
  • Boil water advisory issued for about 230 Fayetteville residents

    Boil water advisory issued for about 230 Fayetteville residents

    About 230 homes in the city of Fayetteville are being asked to boil their water after a water main break in the city. Oakland County health officials were alerting people and businesses to take precautions before using water.

    Capital One Financial Corporation (COF) closed the last trading session at $89.72

    Acrospire Investment Management LLC raised its stake in shares of Capital One Financial Corp.by 70.0% in the second quarter. The company has a market capitalization of $44.92 billion, a price-to-earnings ratio of 12.81 and a beta of 1.26.

    CVS Health Corporation (CVS) Shares Sold by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

    Comerica Bank owned about 0.06% of CVS Health Corporation worth $43,484,000 at the end of the most recent reporting period. The Colorado-based Tributary Capital Mngmt Limited Liability Corporation has invested 0.03% in CVS Health Corp (NYSE:CVS).

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.