And if there is delay in bid process, there has been change on all these indices because of which civil work cost itself is likely to increase by Rs 5000 crore. As per the planning, the work is always given priority at the end where the car depot is planned. Since, the depot is going to shift to Kanjurmarg from Aarey, it is but obvious that work on Kanjurmar-Seepz will begin and conclude first.
I hear in a print media that The 32.5-km stretch will be opened in phases with the first being Seepz to BKC, expected to open by June 2019. The phase-2, which will be between BKC-Science museum. it will open in December 2019 and final stretch upto Cuffe Parade by April 2020.
Good evening Sankalp, It is heard that the 32.5km-long Metro-III corridor is expected to ready by 2019 as per the original deadline set by the government. MMRC has invited bids for shortlisting the bidders for design, manufacture, supply, installation and commission of rolling stock.
Yes, it is true and plan to have 35 rakes of 6-coaches on the system. As per their estimated, the cost of getting the rolling stock will be around Rs 1700 crore to Rs 2000 crore.
@sankalp, Don't you think that financial bids are long drawn process and they do not want the project to get delayed because of procedural reasons. The manufacturer too will need to adequate time to deliver the rakes in time to ferry commuters.
It is true and any delay in the tendering process can also have an implication on the cost of the project due to inflation and foreign exchange fluctuations.
Mumbai Metro Rail Corporation had estimated the cost of the project at Rs 23136 crore, including Rs 10500 crore on civil work and stations. The estimates of the project were based on the foreign exchange rates prevalent in 2011 and inflation and taxation policy of that era.
But the bidders for the civil work are yet to be finalized. But it does not mean that the work cannot begin on other equally important components of the project.
Another push was given to the underground Coloba-Bandra-SEEPZ Metro as Mumbai Metro Rail Corporation has floated bids to buy and install rolling stock or metro trains.