Even as the various metro lines envisaged for the city languish at various stages of technicalities and tussles, the state government signed an ambitious Memorandum of Understanding (MoU) for a 150km metro spine for the city.
The MoU was signed by the Mumbai Metropolitan Region Development Authority (MMRDA) and the Transport for London (TfL) authorities in the backdrop of the visit of UK prime minister David Cameron’s visit to the city. Cameron’s delegation includes a clutch of chief executives of industry from the UK.
MMRDA commissioner Rahul Asthana and director of Capital Programmes of TfL David Waboso signed the MoU.
The TfL is one of the world’s largest integrated transport authorities operating a range of public transport utilities, such as buses, trams, light and heavy rails, taxis and river boats, and overseeing the upkeep of streets and the collection of congestion charges.
Chief minister Prithviraj Chavan, during the meeting, told the visiting delegation that the participation of UK’s business community would give a fillip to the mega infrastructural works planned by the state for the Mumbai region.
The initiative to make the city a world class metropolis with globally comparable infrastructure and quality life is likely to cost anywhere in the range of $40 billion.