Value Capture Financing route planned for the 29-km corridor to be equally funded by Central-State governments
Funds would be raised through innovative financing methods for the Rs.12,200.10 crore Thane Integral Ring Metro Rail Project corridor in Maharashtra for which Maha-Metro has started the pre-bid activities and preparation of tender documents globaltenders .
The contracts will be floated immediately for bidding and the project completion is expected by 2029 sbi .
The funding would be by selling 22 Station naming and access rights for corporate, monetization of assets, Value Capture Financing route for the 29-km corridor conexpoconagg .
The Central and State Governments would also share equally the financing cost jica along with part-funding from bilateral agencies for the project which will run along the periphery of west side of Thane city bse .
Maha Metro will execute the project, along with civil, electromechanical, other associated facilities, works and related assets meed.com/latest/tenders .
The network is encompassed by Ulhas River on one side and Sanjay Gandhi National Park on the other, said the Ministry of Housing and Urban Affairs which announced the Cabinet approval for the project approval on 16 Aug nse. fiinews.com
