Four months after Japan warned of Mumbai Metro 3 delay, state mum
MUMBAI: The delayed, underground Mumbai Metro 3 project from Cuffe Parade to Seepz is now staring at a major cash crunch. The reason—the indecisiveness of the state go nment.
On February 17, 2021, Japanese ambassador to India, Suzuki Satoshi, wre to chief minister Uddhav Thackeray, expressing fears of an impending “cash crunch” and “significant delay or stagnation” for the project.
2021年2月17日，日本驻印度大使Suzuki Satoshi致信印度首席部长乌达夫·萨克雷，对该项目即将出现的“资金短缺”和“严重延迟或停滞 ”表示担忧。
Satoshi’s letter, accessed by TOI, requested the CM to approve the revised project cost for the fourth tranche of the loan so that the Japan International Cooperation Agency (JICA), which is funding the metro, can release the money.
“…your approval… is required as soon as possible, at the latest by the end of this week, to avoid shortage of cash in the Mumbai Metro Rail Corporation Ltd (MMRCL),” it said.
TOI has learnt that four months later, the state go nment has failed to give its approval even as the project cost has escted from Rs 23,136 crore to Rs 33,406 crore.
The chief minister’s office refused to comment, but a senior state offi al told TOI any decision is unlikely to be taken by the state go nment till the issue of the Metro 3 car shed is resolved in the high court. A MMRCL spokesperson too chose not to comment.
Last December, Bombay high court stayed the suburban collector’s decision to hand over the Kanjurmarg plot for the car shed.
Since 2013, JICA has disbursed roughly Rs 13,425 crore in three tranches for the Metro 3 project. “The JICA’s last tranche of Rs 2,800 crore disbursed in 2018 will run out by December,” highly placed sources told this newspaper. “The Japanese agency has agreed to disburse an additional Rs 6,500 crore, but it is awaiting the state’s approval for it,” they said.
Gundaasssena is playing delayed tactics in granting speedy approvals for crucial projects and unless they get bribes these crucial projects will not move forward
Due to ego problem Tax payers money is going into drains MVA is least bothered Maharashtra State future is in doldrums
A project started and ex ted as brainchild of Devendra Fadnavis thanks to his leadership securing funding from JICA, this is nothing but sheer mismanagement from Uddhav Thackery and MVA. This statae go nment is only born to take credit. But never keen to initiate and build infrastructure projects.
How funny, it is joke Mumbai has started metro project after 20 year of Singapore.. After all hard try these fellows are spoiling everything..
Taxpayer money ruins mostly in freebees and timeover run due to incompetent officers or govt intend .or get leaked by agents
Indecisivenes, he is the best CM in the world lol.
They are negotiating and finalising their cut ... Targets are to be met
as expected..... bcoz govt busy in achieving target....
Shiv Sena has been destroying Mumbai through BMCs CORRUPTION, Shiv Sena has been destroying Mumbai's economic ... Read More
Alas.. mumbaikars must give in to their misfortunes.. no use dreaming of a developed city.. we will continue to slog in traffic for years to come..there's no hope for us..or our children, they will have to got through the same..
INTELLECTUALS GET OUT OF INDIA FOR THEIR CHILDREN FUTURE
Ashok Kumar H
Follow whatever Japanese says. No alternative. Japan has been always been good in completing the large infrastructure projects.
Clear land for bullet train and get metro clearance for car shed. Simple
RK Indian patriot
Offer Udhav the cut money things will move
thanks to all mumbaikars who ved for MVA. this is what happens.
Thackeray should get his act in place. The city needs infrastructure development asap.
Learn from bjp govt in karnataka. they continued to build on the metro works started by previous cong govt without any diversions & hurdles.
complete metro 3 work without more delays . Already 10000 crores extra costs has been added due to delays , who is going to pay for this extra costs , ordinary mumbaikars rite ?
Po iticians who always use SUV, big luxury cars and have never ever travelled by trains ,buses are delaying important infrastructure projects
Vers please show Shiv Sena our strength in Municipal Election, and allow BJP.