India, Jan. 28 -- The state has decided to develop the proposed Metro 8 corridor, connecting the Navi Mumbai and Mumbai international airports, using the Public Private Participation (PPP) model, despite its failure in other Mumbai metro projects.
A Government Resolution issued on Monday said it was giving formal sanction to a decision to build Metro 8 on a PPP basis taken at a meeting where the state chief secretary was present on May 27, 2024.
The Metro 8 project was to be developed by the Mumbai Metropolitan Region Development Authority (MMRDA). Now, the state urban development department has appointed the City and Industrial Development Corporation (CIDCO) as the nodal agency, which has been told to prepare a detailed project report...
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