Follow Us:
Sunday, July 03, 2022

Sion-panvel highway: State debunks proposal to collect more toll at Kamopthe booth

The cash-strapped MSRDC had, last year, proposed to expand the Thane creek bridge.

Written by MANASI PHADKE | Mumbai |
February 23, 2015 1:52:06 am

After much outcry over the new toll booth at Kamothe for the 23-km Sion-Panvel Highway, the state government has debunked a proposal to collect more toll on the stretch to expand the Thane creek bridge, currently a major bottleneck on the highway.

The cash-strapped Maharashtra State Road Development Corporation (MSRDC) had, last year, proposed to expand the Thane creek bridge by further securitising toll collection at the Vashi toll booth or by raising funds through bonds and recovering the finances via an add-on toll at the Vashi booth.

Mumbai Entry Point Ltd is already collecting toll at Vashi near Thane creek bridge, as part of the five entry-points of Mumbai, where MSRDC has securitised toll collection for 16 years. Cars currently pay Rs 35 as a one-way toll. The Kamothe toll booth, which was authorised to start collecting toll last month, is at a close distance of about 15 km, and there has been stiff opposition by residents and local politicians.

[related-post]

Subscriber Only Stories
Skin Allergies In Children – What parents need to know?Premium
What makes KuCoin P2P Trading Platform a Good Choice To Buy Crypto?Premium
Airtel Demonstrates Immersive Video Entertainment On 5G; Recreates Kapil ...Premium
Is It A Good Idea To Keep One Account For All Your Financial Transactions?Premium

“We have discarded MSRDC’s proposal to finance the project. There was additional toll collection involved either by increasing the toll collection period or the toll rate. We are now considering other ways for financing the project. We had even referred it to the urban development department. Now we are considering financing the project through the public works department’s own budget,” said a state government official who did not wish to be named. The MSRDC is constituted under the state public works department.

The state public works department has an annual budget of Rs 4,000 crore for road works in Maharashtra. Chandrakant Patil, minister, public works department said, “We have not taken any decision on this yet. In fact, we are working out various possible options for financing all such type of large road works without having to resort to toll.”

The MSRDC has estimated the cost of expanding the Thane Creek bridge to be Rs 600 crore. The project will add six more lanes to the existing bridge. The bridge is currently a major bottleneck on the Sion-Panvel road, especially after the recent refurbishment of the highway that has led to traffic from ten lanes converging into six lanes. The corporation had earlier requested the Mumbai Metropolitan Region Development Authority (MMRDA) for financial help for the project.

The authority, constituted under the urban development department, however, denied aid saying the Thane creek bridge expansion will at some levels compete with the proposed showpiece Sewri-Nhava Sheva trans harbour link, for which MMRDA is the nodal agency. Similarly, MSRDC’s attempts to secure funding from the City and Industrial Development Corporation also did not work out.

manasi.phadke@expressindia.com

Hot Offer Putin claims victory in Mariupol, leaving Ukrainian defenders holed up Subscribe Now
Start your day the best way
with the Express Morning Briefing

📣 Join our Telegram channel ( The Indian Express ) for the latest news and updates

For all the latest Mumbai News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard

Featured Stories

Latest Comment
Post Comment
Read Comments
Advertisement
X