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State, Rlys fail to agree on MUTP-2

DNMUM396603 | 9/14/2017 | Author : Shashank Rao | WC :235

Govt demands explanation on project status, increase in cost

Indian Railways and state the government continue to be at loggerheads over the implementation of Mumbai Urban Transport Project (MUTP) phase 2.
On September 4, the Urban Development department had sent a letter to the Mumbai Rail Vikas Corporation (MRVC) asking them to give detailed explanation on the increase in cost of MUTP-2, status of the projects under it and status of the land next to Bandra railway station. The government has stated that they shall make the payments for MUTP-2 once they get the reply.
As per understanding, the World Bank will pay 50 per cent of the cost and the remaining 50 per cent will be equally shared by the Railways and state. The cost of MUTP-2 has risen from Rs 5,400 crore to nearly Rs 8,000 crore no
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