Trans harbour link to fetch Rs 1.1 cr toll daily
The country's longest sea bridge is also likely to stake claim to another record. The Mumbai Trans Harbour Link (MTHL) is set to become the highest toll-generating project in the state, roping in a whopping Rs 1.1 crore as toll everyday.mumbai Updated: Nov 28, 2011 01:30 IST
The country's longest sea bridge is also likely to stake claim to another record. The Mumbai Trans Harbour Link (MTHL) is set to become the highest toll-generating project in the state, roping in a whopping Rs 1.1 crore as toll everyday.
This is about double the toll collected from the five entry points in Mumbai and the Mumbai-Pune Expressway , which generate around Rs50 lakh as toll daily.
The 22km-long bridge will connect Sewri in the island city to Nhava in Navi Mumbai. The Mumbai Metropolitan Regional Development Authority (MMRDA) estimated that by 2018, when it is completed, 44,975 vehicles will use the bridge on a daily basis.
The MMRDA estimated that a car will have to pay Rs 182 for a one-way journey. A light commercial vehicle will pay Rs243, trucks will pay Rs432, heavy commercial vehicles will pay Rs432 and multi-axle vehicles will have to pay Rs620. These toll rates will rise by 5% every three years.
The MMRDA is hoping to allow toll collection on the road for a period of 45 years to help recover the Rs8,800 cost of building the bridge. Even though the bridge is being built to improve connectivity between Mumbai and Navi Mumbai, the MMRDA also thinks it will help in facilitating long-distance traffic towards southern parts of the state.
"It will provide faster and shorter connectivity for traffic bound to Goa, Pune and further south. It will also strengthen connectivity to the Mumbai port and industrial areas located in the southern part of the island city," the MMRDA said, in its presentation made to interested bidders.
The project had been in cold storage since June 2008 when Reliance Infrastructure, which was selected to build the project, decided to back out after delays by the state government in clearing its proposal.
For over three years, the project had been a contentious issue in the government, which was not able to decide which agency should build the project. In April this year, the chief minister decided that the project would be built by the MMRDA.