(a) whether the Government is opposed to the rail project steered by Public Private
Partnership-Appraisal Committee (PPP-AC);
(b) if so, the details in this regard;
(c) whether Mumbai Metropolitan Region Authority has sought a viability gap funding of
more than Rs.650 crore for the first phase of Versova-Ghatgopar Metro line;
(d) if so, the response of the Government thereto; and
(e) the reasons for according this funding?
MINISTER OF THE STATE IN THE MINISTRY OF FINANCE ( SHRI PAWAN KUMAR BANSAL)
(a) & (b): No Sir. The Public Private Partnership Appraisal Committee (PPPAC) has been set
up to appraise all Public Private Partnership Projects in central sector.
(c), (d) & (e): Yes Sir. Mumbai Metropolitan Region Authority has sought a Viability Gap
Funding of Rs.650 crore for the first Phase of Varsova-Ghatkopar Metro line. The proposal was
considered by the Empowered Institution and then by the Empowered Committee. The Empowered
Committee recommended that the project be funded by the Ministry of Urban Development
under its Viability Gap Funding scheme / JNNURM. The funding is aimed at improving the
viability of the project.