Mumbai has one of the most crowded and overloaded suburban systems in the world.Concerned about the capacity constraint on the Corridor,Ministry of Railways has decided to augment the system capacity and has accordingly envisioned a two track elevated Corridor along Churchgate Virra section.
This new Elevated Rail Corridor will be between Oval Maidan and Virar of Western Railway in Mumbai area.The indicative cost of 63.27 kilometer long ERC project is approximately INR 21,000 crore.Under this corridor,26 stations are proposed,out of which 5 stations would be underground,19 elevated and 2 at grade.
ERC is proposed to be built through Public Private Partnership on Design,Build,Finance,Operate and Transfer basis.The bidding process for selection of a private entity as the bidder to whom the Project may be awarded has been set in motion with first prebid conference being held in November 2012.
Moreover,the Ministry of Railways continued talks with Government of Maharashtra for signing state support agreement,which is crucial for the success of the project.