MUMBAI: The mention of a spend of around Rs 60,000 crore on transport and infrastructure projects in cities across the country could spell good news for big-ticket projects in and around Mumbai, which have been stuck because of the Centre’s unwillingness to dish out funds.
State officials are confident of wrangling money for the viability-gap funding of four major projects: Coastal roads, Nhava-Sewri Trans Harbour Link, Navi Mumbai international airport and Mumbai-Goa Highway widening work.
The coastal roads project—between Versova and Bandra, and between Worli and Nariman Point—could be the biggest beneficiary in the city as such projects have more chances of getting funds through the kitty allocated for road development, said a state official. The project requires environmental clearance to reclaim coastal area at some places, and for this the environment Act needs to be amended. The project also needs around Rs 4,000 crore.
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