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Maharashtra Approves Rs 58,754-Crore UttanVirar Sea Link DPR for Phase I

MMRDA now seeks Union clearance to raise overseas loans before issuing tenders.

Overview

  • Government resolution authorises MMRDA to execute a 55.12 km corridor with a 24.35 km main sea link and 30.77 km of connectors at Uttan, Vasai and Virar, targeted for completion in 60 months.
  • The financing plan includes Rs 11,116 crore in interest-free state support for taxes, land acquisition and rehabilitation, an MMRDA contribution of Rs 3,306 crore, and up to Rs 44,332 crore to be borrowed from foreign lenders, with JICA under consideration.
  • The project is classified as an ambitious urban transport and public-utility scheme, enabling free transfer of required government land, statutory acquisition of private land and mandated updates to local development plans.
  • MMRDA is permitted to levy tolls under controlled access and monetise advertising and services to repay debt, with the state agreeing to accept contingent liabilities if necessary.
  • Planned as part of the MumbaiVadhavan Expressway Corridor, the six-lane link will feature emergency shoulders, navigational spans and an intelligent transport system to connect Mumbai’s western belt to the upcoming Vadhavan port and national corridors.