Project Funding

Mumbai Metro Line 3(MML-3) project is estimated to cost INR 23,136 Crore. Japan International Co-operation Agency(JICA) will provide loan assistance worth Rs.13,235 Crore, which accounts for 57.2% of the total cost. Balance funding will be made available by Govt. of India, Govt. of Maharashtra/MMRDA in the form of equity and subordinate debt and the funds from MIAL(Mumbai International Airport Pvt. Ltd.) as per break up below:

Source Amount (in Cr INR) % age
Equity by Centre 2,403 10.4
Equity by State 2,403 10.4
Sub Debt by Central Govt. 1,025 4.4
Sub Debt by State Govt. 1,615 7.0
Property Development + Impact Fee 1,000 4.3
Stakeholder Contribution (MIAL) 777 3.4
ASIDE Funding / MMRDA Grant 679 2.9
JICA loan 13,235 57.2
Total Project Completion Cost 23,136 100
  • Equity by Centre
  • Equity by State
  • Sub Debt by Central Govt.
  • Sub Debt by State Govt.
  • Property development + Impact fee
  • Stakeholder contribution (MIAL)
  • ASIDE funding / MMRDA Grant
  • JICA loan
our funding graph
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