To expedite railway infrastructure projects in Maharashtra, the Union and state governments have decided to set up a new company with equal shareholding and it aims to complete most works in the next four years.
The new Maharashtra Rail Infrastructure Development Company will implement nine railway infrastructure projects pegged at Rs 23,000 crore outside Mumbai. These include railway corridors between Ahmednagar-Beed-Parli-Vaijn -ath, Wardha-Nanded via Yavatmal-Pusad, Wadsa-Desai-ganj-Gadchiroli, Manmad-Indore, Pune-Nashik, Kolhapur-Vaibhavwadi, Gadchandur-Adilabad, Baramati-Lonand, and gauge conversion between Nagpur and Nagbhir.
Besides, the company will also help expedite several projects planned for Mumbai including the remodelling of the Chhatrapati Shivaji Terminus (CST), construction of an elevated corridor between CST and Panvel, and Churchgate and Virar, rail connectivity between CST and Churchgate, improvements of stations across the state, an integrated ticketing system and so on.
Source: The Indian Express