MSRDC Proposes 10-Lane Upgrade For Mumbai-Pune Expressway To Ease Growing Traffic
Last Updated:
The total estimated cost for the entire widening project is Rs 14,260 crore, with construction costs alone around Rs 8,440 crore
The Maharashtra State Road Development Corporation (MSRDC) has announced a major upgrade to the Mumbai-Pune Expressway, proposing to expand it into a 10-lane superhighway. The move comes as a long-term solution to tackle increasing congestion on one of India's busiest and most expensive expressways.
'This is an upgrade from our earlier proposal to make it an eight-lane facility. The latest plan will cost around Rs 1,420 crore," said Anilkumar Gaikwad, MSRDC Vice-Chairman and Managing Director, on Friday.
Gaikwad told The Times of India that the Detailed Project Report (DPR) is being finalised and will be submitted to the state government for approval.
The Mumbai-Pune Expressway, India's first and oldest access-controlled expressway, was inaugurated in 2002 and stretches 94.6 km. Built by the MSRDC at an initial cost of about Rs 1.63 lakh crore, the expressway connects Mumbai with Pune — a key educational and industrial hub in Maharashtra.
Currently, the expressway sees around 65,000 vehicles on weekdays and over 1 lakh on weekends. With traffic volume growing by nearly 5–6% each year, MSRDC believes that expanding the corridor is essential to keep pace with demand.
Presently, a trip between the two cities takes about two hours under normal conditions, but weekend congestion often extends travel time by an hour. The proposed expansion is expected to reduce this delay significantly, offering smoother travel even during peak periods.
The total estimated cost for the entire widening project is Rs 14,260 crore, with construction costs alone around Rs 8,440 crore. Interestingly, MSRDC plans to fund the project through toll collections instead of relying on government funds. 'We will bank on toll collection," Gaikwad said, adding that the financing model — either Build-Operate-Transfer (BOT) or annuity — will be decided later.
The current toll agreement is valid until 2045, and MSRDC may seek an extension if the expansion is approved. If implemented, the 10-lane upgrade could transform the expressway into a faster and more efficient route, easing pressure on one of India's most vital road links.
First Published:
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
27 minutes ago
- Business Standard
Alembic Pharmaceuticals Ltd leads gainers in 'A' group
Jindal Worldwide Ltd, RattanIndia Power Ltd, AAVAS Financiers Ltd and Force Motors Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2025. Jindal Worldwide Ltd, RattanIndia Power Ltd, AAVAS Financiers Ltd and Force Motors Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2025. Alembic Pharmaceuticals Ltd surged 13.49% to Rs 1103 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4.68 lakh shares were traded on the counter so far as against the average daily volumes of 5051 shares in the past one month. Jindal Worldwide Ltd soared 10.36% to Rs 61.58. The stock was the second biggest gainer in 'A' group. On the BSE, 4.29 lakh shares were traded on the counter so far as against the average daily volumes of 31183 shares in the past one month. RattanIndia Power Ltd spiked 6.94% to Rs 15.4. The stock was the third biggest gainer in 'A' group. On the BSE, 374.19 lakh shares were traded on the counter so far as against the average daily volumes of 193.98 lakh shares in the past one month. AAVAS Financiers Ltd spurt 6.20% to Rs 2115.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 33883 shares were traded on the counter so far as against the average daily volumes of 7113 shares in the past one month. Force Motors Ltd advanced 6.06% to Rs 15377.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 8028 shares were traded on the counter so far as against the average daily volumes of 12061 shares in the past one month.
Business Standard
36 minutes ago
- Business Standard
Insolation Energy rises as subsidiary secures 109.79 MW solar project
Insolation Energy rose 1.55% to Rs 274.50 after its wholly owned subsidiary, Insolation Green Energy, received a Letter of Intent (LOI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL). The LOI is part of the PM-KUSUM Component A scheme, which promotes solar energy for agricultural use. The contract involves end-to-end responsibilities, right from design and survey to supply, installation, testing, and commissioning of grid-connected solar power plants across 58 locations. It also includes a 25-year commitment for operations and maintenance from the date of commissioning. These projects will be implemented in RESCO mode, where the developer retains ownership and sells power to the utility. The total capacity of the combined solar projects stands at 109.79 MW. To connect the solar plants to the grid, the company will also build associated 11 KV lines linking to various 33/11 KV substations, along with a remote monitoring system for performance tracking. The contract is expected to be fully executed by the end of Q1 of FY 2026-27 and represents a total investment of around Rs 380 crore. The levelized tariff for the electricity generated has been finalized at Rs 2.55 per unit for 51 sites, Rs 3.037 per unit for 6 sites, and Rs 3.04 per unit for one site. Collectively, these plants are projected to generate 17.56 crore units annually, translating to an estimated annual revenue of approximately Rs 45.82 crore. Jaipur-based Insolation Energy is a leading solar panel manufacturer in India. The company's consolidated net profit surged 60.53% to Rs 64.92 crore while net sales jumped 57.32% to Rs 721.73 crore in H2FY25 over H2FY24.
New Indian Express
36 minutes ago
- New Indian Express
‘Invent in Telangana' to power 1 trillion dollar economy by 2035, says Minister Sridhar Babu
HYDERABAD: IT and Industries Minister D Sridhar Babu on Sunday shared that Telangana's Index of Industrial Production (IIP) recorded a Compound Monthly Growth Rate (CMGR) of 2.9% in the first quarter of the current financial year, well above the national average of 0.52%. At the valedictory function of IITEX 2025, organised by FTCCI at HITEX, the minister said the state's Gross State Value Added (GSVA) from industry touched Rs 2.77 lakh crore in 2024–25, with notable growth in power consumption (15.6%), GST collections (9.8%) and payroll enrollments (13.9%). Highlighting the state's shift from 'Make in India' to 'Invent in Telangana', he said over Rs 3 lakh crore in investments had been attracted in the past 18 months, including Rs 40,000 crore in the life sciences sector. This has led to 150 new projects, creating over 51,000 direct and 1.5 lakh indirect jobs, he added. Sridhar Babu outlined a zonal development strategy: technology and services inside the ORR, manufacturing between ORR and RRR and agri-rural innovation beyond the RRR. The long-term goal, he said, is to grow Telangana's economy to USD 1 trillion by 2035 and USD 3 trillion by 2047. Sridhar also emphasised the government's focused efforts to strengthen MSMEs. 'In the past 18 months alone, over 15,000 new MSMEs have been established in Telangana. Our goal is to increase MSMEs' contribution to state's GSDP to 10%,' he said. A dedicated MSME policy is under implementation, with new parks being set up in every district, especially to support women, SC and ST entrepreneurs, the minister said. FTCCI president Suresh Kumar Singhal and other senior office-bearers were also present.
