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Rediff.com  » Business » Navi Mumbai to get 180-km rail tracks at Rs 14,000-cr

Navi Mumbai to get 180-km rail tracks at Rs 14,000-cr

March 22, 2012 16:23 IST

Navi Mumbai mapNavi Mumbai is expected to get around 180 km of railway tracks in the near future with an estimated cost of Rs 14,000-crore (Rs 140-billion), according to the economic survey tabled in the State Legislature on Thursday.

The routes proposed are: CST-Panvel fast track corridor (60 km), Panvel-Jite-Thal (60.9 km), Rewas Port (10.6 km), Panvel-Karjat (27.6 Km), Panvel-Uran (26.9 km), Kharkopar-Jite (22.9 km), Ranjanpada-Seawood (13.9 km), Thal--Alibaug (5.4 km) and Thane-Bhiwandi (12.5 km).

Under the MUTP-II, the Mumbai Rail Vikas Corporation plans to extend the Harbour line upto Goregaon, which is expected to be completed by 2014.

Under the MUTP-III, the Harbour line will be further extended upto Borivali.

The state has 720 km long coastal line with two major ports, namely Mumbai Port Trust and Jawaharlal Nehru Port Trust.

The Jawaharlal Nehru Port is India's largest container traffic port and is ranked 24th among the leading 100 international container ports, it said.

MbPT and JNPT handled 402.17 lakh tonnes and 494.78 lakh tonnes cargo traffic respectively during 2011-12 (upto December, 2011).

The operating surplus for MbPT in 2010-11 was Rs 180.16 crore (Rs 1.8 billion) which was three per cent more than the previous year, the survey said.

The operating profit for JNPT in 2010-11 was Rs 678.18 crore (Rs 6.78 billion) which was 4.6 per cent more than the previous year, it said.

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