MMRDA - Development Finance - Mega City Scheme

MMRDA - Mumbai Metropolitan Region Development Authority

Mega City Scheme

Mumbai is one of the five cities included in the centrally sponsored Mega City Scheme launched by the Government of India in the Eighth Five Year Plan. The Scheme aims to prepare the local governments to use institutional finance and eventually market instruments like municipal bonds for the capital investment requirements. Of the total project cost, the Government of India and the State Government provided 25% each as soft loan and the remaining 50% is to be raised from financial institutions by the implementing agencies. The Scheme for Mumbai is being implemented in the urban core of the Mumbai Metropolitan Region (MMR). The areas covered under the scheme are Brihanmumbai, Navi Mumbai, Thane, Bhiwandi-Nizampur and Kalyan-Dombivali. The MMRDA is the nodal agency as well as one of the implementing agencies of the Scheme. The other implementing agencies are MCGM, MSRDC, BEST, CIDCO, TMC, KDMC, BNMC and NMMC. Mega City Scheme Revolving Fund (MCSRF) has been set up in the MMRDA for channelising funds received from GOI and GOM. A State level Sanctioning Committee approves the projects under the Scheme. The Scheme has been implemented during the 8th, 9th and 10th Five year Plan periods. It is discontinued in the 11th plan. In all 65 projects costing Rs. 1777.84 Cr. including 2 studies costing Rs.1.62 Cr. were approved by 2004-05. Rs. 921.87 Cr. has been received by the Mumbai Megacity Scheme from GOI and GOM, out of which Rs.740.94 Cr. has been disbursed till March, 2008 to the various implementing agencies towards the approved projects. From the repayment of soft loans extended to 65 projects, the Megacity Scheme Revolving Fund is expected to continue financing projects in future.

PROJECT-WISE DETAILS OF MUMBAI MEGACITY SCHEME
Sr. No.	Name of the Project	Implementing agency
1	MCGM-old work	MCGM
2	Street Lighting	BEST
3	Land Development at Kharghar	CIDCO
4	Road Bridge at Airoli	CIDCO
5	Palm Beach Road	CIDCO
6	Underpass at Vashi Node	CIDCO
7	Sanitation Programme	NMMC
8	Street Lighting	NMMC
9	Road Works	NMMC
10	Kalwa Bridge	TMC
11	Street lighting	TMC
12	Shopping Complex cum Town Hall	KDMC
13	Sports Complex	KDMC
14	Diesel Crematorium	KDMC
15	ROB on Kalyan Shil Patri Pool	KDMC
16	Strom Water Drainage - King's Circle & Postal Colony	MCGM
17	Construction and Widening of Roads	MCGM
18	Storm Water Drainage	MCGM
19	Construction of Bridges, R.O.B and a Subway	MCGM
20	Construction of five pedestrian subways on Highways	MSRDC
21	Underpass at Kharghar	CIDCO
22	ROB at Khandeshwar (Part-I)	CIDCO
23	Distribution of Water Supply to Khargher Node	CIDCO
24	Swerage system for Kharghar Node	CIDCO
25	ROB at Khandheshwar (Part-II)	CIDCO
26	Palm Beach Marg (Additional Works)	CIDCO
27	Underpasses at Vashi (Increased cost)	CIDCO
28	Toilet Complexes	NMMC
29	Construction of Gutters	NMMC
30	Laying of Sewer lines	NMMC
31	Construction of Roads	NMMC
32	Street lighting	NMMC
33	100 mld Water Supply Scheme (Part-I)	TMC
34	Construction of Vegetable market	TMC
35	100 mld Water Supply Scheme (Part-II)	TMC
36	Water Supply Distribution System Phase-I	TMC
37	Multi storied pay and park at Kalyan Station	KDMC
38	Const. of FOB & Rickshaw stand near station - Dombivali	KDMC
39	Shopping Complex cum Town Hall (increased cost)	KDMC
40	Improving Capacity of Pumping Station at Kalyan	KDMC
41	Augmentation of Mandwa-Titwala Water Supply Scheme	KDMC
42	Const. of continous approaches & R.O.B on Kalyan Badlapur Rd.	KDMC
43	Strom Water Drains in Mumbai	MCGM
44	Construction of Bridges, ROBs and FOBs in Mumbai	MCGM
45	Roads & C.C. Roads (25 Nos.)	MCGM
46	Bridges (6 Nos.)	MCGM
47	Hydrolic Engineering (1 No.)	MCGM
48	Swerage Projects (1 No.)	MCGM
49	Water Supply (1 No.)	MCGM
50	Mechanised Slaughter House	BNMC
51	ROB at Kalyan Naka, Bhiwandi	BNMC
52	ROB near Sanpada Carshed (Part-I)	CIDOC
53	ROB near Sanpada Carshed (Part-II)	CIDCO
54	ROB at Belapur end of Sea-Wood Rly. Stn.	CIDCO
55	Water Supply Distribution System Phase-II	TMC
56	Remodelling of Thane station area	TMC
57	Concretisation of Roads	TMC
58	Eastern Freeway	MMRDA
59	Techno-economic Feasibility of MUIP	MMRDA
60	Detailed Eng. of Eastern Freeway (excl.APLR) (Part-I&II)	MMRDA
61	Main Linking Road	MMRDA
62	Widening and Construction of Western Express Highway	MMRDA
63	Widening and Construction of Eastern Express Highway	MMRDA
64	Laying of Water Mains along MUIP Roads	MMRDA
65	Laying of Swer Lines along MUIP Roads	MMRDA

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	Development Finance
	MUDP Revolving Fund
	Reserve Fund
	Infrastructure Financing in MMR
	Mega City Scheme
	Promoting Environment and Heritage Conservation



	Mumbai Metropolitan Region