Maharashtra govt to soon clear funds for Nashik-Pune rail track
The semi high-speed double track project is expected to cost around Rs 16,039 crore
The government of Maharashtra will soon give its consent for financing the Nashik-Pune railway double track project. A detailed project report (DPR) is ready with the Maharashtra Rail Infrastructure Development Corporation and only the state government’s nod is required so that the Central government can take up the steps to start construction of the track on priority basis.
The semi high-speed double track project is expected to cost around Rs 16,039 crore. The construction is expected to begin in 2020 and will require 1,200 days for completion. Nashik, Pune and Mumbai is a triangle and Nashik-Pune rail link will open up faster connectivity between Northern and Southern states of the country, not only for passengers, but also for movement of goods.
The state government had given in-principle approval a few years ago. The Central government had approved Rs 200 crore for preparation of the DPR in the year 2017-18. Of the total cost of Rs 16,039 crore for construction of the track, the state government’s share is 20%.
Funds will also be raised through private financiers. Nashik-Pune double track will bring faster connectivity between the two cities. Not only travelling time between Nashik and Pune will be reduced to less than two hours, but at the same time the North-South trains that currently take the route via Kalyan will have an alternate route to travel on.