India, Nov. 5 -- The cabinet committee on infrastructure under chief minister Devendra Fadnavis on Tuesday gave its formal approval to the revised design and project cost of the Uttan-Virar sea link project. The new design envisages reducing the project's eight lanes to six lanes and cutting down the width of ramps and other constructions, on account of which the project cost is expected to come down by over Rs.30,000 crore.

The estimated cost of the entire project, including the 24.35-km sea link and its connectors, was earlier Rs.87,427.17 crore. In June, MMRDA made a presentation to Fadnavis on a revised design that could cut costs considerably, and the CM asked for the revised detailed project report to be submitted for the governmen...