CIDCO Approves funding Contribution for Kalyan-Taloja Metro 12

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By Rohit Sharma

CIDCO has approved to partly fund the Kalyan-Taloja Metro Project of MMRDA (Line 12) and decided to share for the Equity of the project to the extent of alignment falling within the jurisdiction of Navi Mumbai and NAINA.

MMRDA is working on the Metro Line-5 (Thane-Bhiwandi-Kalyan) which is to be extended up to Taloja, Navi Mumbai for further connectivity to Navi Mumbai International Airport (NMIA).

In order to get approval for the project from Government of Maharashtra and as some areas of the alignment passes through CIDCO jurisdiction; MMRDA had carried out a DPR study through Delhi Metro Rail Corporation (DMRC) and requested CIDCO for funding contribution to this Metro Project which will run through NAINA and CIDCO areas.

“In order to make this project financially viable and applicable to concessions and subsidies; it is recommended that the project should be implemented as a Fully Government Initiative. The total length of the project will be 20.756 km with an estimated cost which is calculated to be Rs 5,865 crores. About 4 km falls in the jurisdiction of CIDCO”, the authority said in an issued here.

The corridor will be an accelerated development for the regions (KDMC, MMR, CIDCO, NAINA, MIDC TALOJA); encouraging people to come to these nodes from the already crowded pockets of the city. Hence, it will also help in decongesting the Mumbai city by accelerating developments; employment opportunities in the areas under the project.

Kalyan-Taloja Metro Corridor is expected to have a massive rise in settling population, so it is ought to see subsequent developments.

Taloja metro corridor will be passing through part of NAINA area under CIDCO. The Taloja MIDC along with the Navi Mumbai Metro Lines-1, 2, 3 and 4 will also get a prospect for better connectivity due to this metro corridor. Accordingly, this metro route will be connecting NAINA, NMIA, Taloja MIDC and other regions of MMRDA, hence proving to be vital interconnect under the Navi Mumbai’s metro network. The metro route is expected to be completed by 2026.

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