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India : Mumbai Trans-Harbour Link (MTHL) corridor receives green, CRZ approval
Publish Date : 05-Jan-2016
The Mumbai Trans-Harbour Link (MTHL) corridor designed to connect Sewri to Nhava Sheva, has finally received approval from the ministry of environment and forests and also from the coastal regulatory zone authority. These clearances came in a single day, a couple of days earlier.
Chief minister Devendra Fadnavis on Saturday stated that he will be taking the first ride on the corridor in 2019the expected deadline for its completion. Construction is scheduled to begin this year.
During a function held at the Sahyadri guesthouse, Fadnavis said, "MTHL will connect the eastern coast; it will be the link that brings Mumbai and Navi Mumbai closer.
He added, "As soon as an official notification of the permissions is issued, we will go for a financial closure of the project with the Japan International Cooperation Agency (JICA). The agency is ready to fund MTHL at 1.4% rate of interest and tenders will be issued by March.
JICA has agreed to fund 80% of the project cost.
According to Fadnavis, Prime Minister Narendra Modi and environment minister Prakash Javdekar gave both the clearances in a day.
