1. Home
  2. Infrastructure Transport
  3. RAILWAYS & METRO RAIL
  4. Rs 1.8 Bn allotted for station between Thane and Mulund
Rs 1.8 Bn allotted for station between Thane and Mulund
RAILWAYS & METRO RAIL

Rs 1.8 Bn allotted for station between Thane and Mulund

05 Jul 2024 2 Min Read CW Team
According to Thane municipal officials, the much-anticipated suburban railway station project between Thane and Mulund got a big boost on Wednesday when railway minister Ashwini Vaishnav approved the allocation of Rs 1.85 billion for building platforms, laying tracks, and other necessary facility components. The declaration was made during a meeting between Vaishnav and a delegation of Shiv Sena MPs from Thane and Kalyan, Naresh Mhaske and Dr. Shrikant Shinde, respectively, at Rail Bhavan in New Delhi.

The project would cost a total of Rs 2.64 billion, of which Rs 1.85 billion is set aside for the development of the operating area, which includes erecting the administrative building and laying platforms and tracks. The railway ministry will now be responsible for paying this expense, which was originally going to be covered by the Thane Municipal Corporation as part of its smart city plan.

According to reports, this choice is anticipated to avoid future project delays and lessen the financial strain on the already financially challenged municipal organisation.The construction of the circulating area beyond the station grounds, including roadways, elevated roads linking the highways, parking bays, bus terminals, and other facilities, would still fall under the purview of the TMC.

Since it started in 2019, the project has advanced by around 30%, and its current completion date is December 2025. Once it is operational, most commuters from the surrounding Thane neighbourhoods of Mulund and Ghodbunder will probably choose to use the new station, which is predicted to drastically reduce the number of passengers using the current Thane station.

According to Thane municipal officials, the much-anticipated suburban railway station project between Thane and Mulund got a big boost on Wednesday when railway minister Ashwini Vaishnav approved the allocation of Rs 1.85 billion for building platforms, laying tracks, and other necessary facility components. The declaration was made during a meeting between Vaishnav and a delegation of Shiv Sena MPs from Thane and Kalyan, Naresh Mhaske and Dr. Shrikant Shinde, respectively, at Rail Bhavan in New Delhi. The project would cost a total of Rs 2.64 billion, of which Rs 1.85 billion is set aside for the development of the operating area, which includes erecting the administrative building and laying platforms and tracks. The railway ministry will now be responsible for paying this expense, which was originally going to be covered by the Thane Municipal Corporation as part of its smart city plan. According to reports, this choice is anticipated to avoid future project delays and lessen the financial strain on the already financially challenged municipal organisation.The construction of the circulating area beyond the station grounds, including roadways, elevated roads linking the highways, parking bays, bus terminals, and other facilities, would still fall under the purview of the TMC. Since it started in 2019, the project has advanced by around 30%, and its current completion date is December 2025. Once it is operational, most commuters from the surrounding Thane neighbourhoods of Mulund and Ghodbunder will probably choose to use the new station, which is predicted to drastically reduce the number of passengers using the current Thane station.

Next Story
Infrastructure Energy
08 Jul 2024

MNRE Announces Green Hydrogen Incentive Guidelines

The Ministry of New and Renewable Energy (MNRE) has announced guidelines for disbursing incentives aimed at boosting green hydrogen production to 450,000 metric tons per annum under Component II of the Strategic Interventions for Green Hydrogen Transition (SIGHT) program. The SIGHT program is a critical element of India?s ?130.5 billion ($1.57 billion) National Green Hydrogen Mission, which aims to stimulate the growth of the green hydrogen sector from fiscal year 2025-26 to 2029-30. The program includes two components: Component I, which provides incentives for electrolyzer manufacturing with..

Read More
Next Story
Infrastructure Energy
08 Jul 2024

THDC India Seeks Consultants for Nationwide Floating Solar Projects

THDC India has announced a call for bids to empanel a technical consulting agency to prepare feasibility reports for floating solar power projects across various locations in India over the next three years. The ambitious initiative will span multiple states, including Uttarakhand, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Karnataka, Kerala, Rajasthan, and Maharashtra. Interested bidders must submit their proposals by August 5, 2024. The bids will be opened the following day. As part of the submission process, bidders are required to provide an earnest money deposit of ?86,000 (~$1,029). Th..

Read More
Next Story
Infrastructure Transport
08 Jul 2024

Congress Vows Gurugram-Manesar Metro Extension if Elected

In a recent conference with Congress workers, former Haryana Chief Minister Bhupinder Singh Hooda announced that if the Congress party wins the upcoming state assembly elections, they will extend the metro line from Gurugram to Manesar. Hooda emphasized Congress's previous successes, claiming they were responsible for bringing the Delhi Metro service to key cities in Haryana, including Gurugram, Faridabad, Ballabhgarh, and Bahadurgarh. Hooda criticized the current BJP government, stating that the metro expansion projects halted after they assumed power. He accused the BJP of neglecting the dev..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

MNRE Announces Green Hydrogen Incentive Guidelines
POWER & RENEWABLE ENERGY
08 Jul 2024

MNRE Announces Green Hydrogen Incentive Guidelines

THDC India Seeks Consultants for Nationwide Floating Solar Projects
POWER & RENEWABLE ENERGY
08 Jul 2024

THDC India Seeks Consultants for Nationwide Floating Solar Projects

Congress Vows Gurugram-Manesar Metro Extension if Elected
RAILWAYS & METRO RAIL
08 Jul 2024

Congress Vows Gurugram-Manesar Metro Extension if Elected

NCRTC Completes Key Bridges for Anand Vihar RRTS Station
RAILWAYS & METRO RAIL
08 Jul 2024

NCRTC Completes Key Bridges for Anand Vihar RRTS Station

Kolkata Metro's Green Line 2 Sees 29 Lakh Passengers Since Launch
RAILWAYS & METRO RAIL
08 Jul 2024

Kolkata Metro's Green Line 2 Sees 29 Lakh Passengers Since Launch

India needs to empower states for sustainable energy future
POWER & RENEWABLE ENERGY
08 Jul 2024

India needs to empower states for sustainable energy future

NexGen Energia plans to invest Rs 15 Tn over 10 years
OIL & GAS
08 Jul 2024

NexGen Energia plans to invest Rs 15 Tn over 10 years

LOHUM CEO Rajat Verma: PLI schemes to propel India
POWER & RENEWABLE ENERGY
08 Jul 2024

LOHUM CEO Rajat Verma: PLI schemes to propel India

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000

Join us Telegram