Mumbai Trans Harbor Link project may get fund from World Bank

PTI reported that the Mumbai Trans Harbor Link project, that will connect Sewri and Nhava port, is likely to get a boost as the World Bank has shown keen interest in funding the said project.

The Mumbai Metropolitan Region Development Authority, which is implementing the project, said that it is in talks with the World Bank for funding the project.

The 22 kilometers long, around INR 8,300 crore MTHL, will be a six lane road bridge with provisions for two lanes for a Metro line. The Maharashtra State Road Development Corporation was handling the project initially, but it was later handed over to the MMRDA.

The official said that the authority is also in talks with Japan Bank for International Cooperation for providing soft loans for its other projects, including the metro rail project.

Arup Consulting Engineers and KPMG to conduct a techno economic feasibility study of the MTHL. The consortium is expected to submit the report by October 2012.