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The project will be a 50:50 partnership between the state government and the Railways. Local civic bodies and private firms might be roped in as stakeholders, said officials.
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Updated : Dec 02, 2016, 08:20 AM IST
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Railway officials in the city said it it is going to be a race against time to get the ambitious Rs 9,356-crore Virar-Vasai-Panvel suburban corridor project cleared by the Union Cabinet in time for Prime Minister Narendra Modi's visit to Mumbai. The PM is tentatively scheduled to arrive in the city on December 10, and the state government plans to make it an announcement gala owing to the Brihanmumbai and Thane municipal polls scheduled for early 2017.
"The Vasai-Virar-Panvel project's Railway Board note and Cabinet note are under consideration. It will take around 15 days to get the go-ahead. It will be difficult to get the project approved by the Cabinet Committee of Economic Affairs," said a senior railway official on condition of anonymity.
The corridor, a new suburban one, was approved by the National Institution for Transforming India (NITI) Aayog on September 5. The approval from the Extended Board of the Railways (EBR) came on September 29.
The project will be a 50:50 partnership between the state government and the Railways. Local civic bodies and private firms might be roped in as stakeholders, said officials.
Officials said there are chances that the CST-Panvel and Virar-Bandra elevated corridors might also be announced during the PM's visit. However, both projects have not been cleared by NITI Aayog yet. "The Virar-Bandra elevated corridor is currently under Public-Private Partnership (PPP). There is a lot of work on it in terms of state support agreement," said the official.
