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Flash News

MMRC E-Calendar 2025
Design, Engineering, Supply, Installation, Testing, Commissioning and Comprehensive Operation & Maintenance of Roof Top Solar PV Project and associated support structure works on RESCO Model for a Period of 25 Years on Aarey Station & Depot Buildings of Mumbai Metro Line -3 (MML-3) Project.
MMRC extends service hours for election day
Implementation of Multi Modal Integration Facilities at Six Underground Metro Stations viz. BKC, Bandra Colony, Santacruz, Chatrapati Shivaji Maharaj Domestic Airport (CSIA T1), Sahar Road & Chatrapati Shivaji Maharaj International Airport (CSIA T2) of Mumbai Metro Line ‐ 3
Implementation of Multi Modal Integration Facilities at Six Underground Metro Stations viz. BKC, Bandra Colony, Santacruz, CSIA T1, Sahar Road & CSIA T2 of Mumbai Metro Line-3 project
Implementation of Multi Modal Integration Facilities at Six Underground Metro Stations viz. BKC, Bandra Colony, Santacruz, Chatrapati Shivaji Maharaj Domestic Airport (CSIA T1), Sahar Road & Chatrapati Shivaji Maharaj International Airport (CSIA T2) of Mumbai Metro Line ‐ 3
List of NOC's issued till 30.09.2024
Property Development on Plot bearing CTS No 1987, 1988 at Nariman Point, A Ward, Mumbai (Maharashtra, India) on Long-Term Lease Basis
Invitation to Roadshow for Property Development on plot bearing CTS No. 1987, 1988 at Nariman Point, A Ward, Mumbai (Maharashtra, India) on Long-term Lease Basis
Supplying & fixing precast SFRC heavy duty slab for inspection pathways in Aarey colony car depot of Mumbai Metro Line ‐3 project
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  3. Project Funding

Project Funding

MMRC

Mumbai Metro Line 3(MML-3) project is estimated to cost INR 23,136 Crore. Japan International Co-operation Agency(JICA) will provide loan assistance worth Rs.13,235 Crore, which accounts for 57.2% of the total cost. Balance funding will be made available by Govt. of India, Govt. of Maharashtra/MMRDA in the form of equity and subordinate debt and the funds from MIAL(Mumbai International Airport Pvt. Ltd.) as per break up below:

SourceAmount (in Cr INR)% age
Equity by Centre2,40310.4
Equity by State2,40310.4
Sub Debt by Central Govt.1,0254.4
Sub Debt by State Govt.1,6157.0
Property Development + Impact Fee1,0004.3
Stakeholder Contribution (MIAL)7773.4
ASIDE Funding / MMRDA Grant6792.9
JICA loan13,23557.2
Total Project Completion Cost23,136100
  • Equity by Centre 10.4%
  • Equity by State 10.4%
  • Sub Debt by Central Govt. 4.4%
  • Sub Debt by State Govt. 7.0%
  • Property development + Impact fee 4.3%
  • Stakeholder contribution (MIAL) 3.4%
  • ASIDE funding / MMRDA Grant 2.9%
  • JICA loan 57.2%
our funding graph
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