ENA Economy 2025-08-19 14:34:38 <p><span style="font-size:14px"><strong>Mumbai, Aug 19 (KNN) </strong>The Project Monitoring Group (PMG) convened a high-level meeting on August 14, 2025, to assess critical challenges impacting major infrastructure projects across Maharashtra.</span></p> <p><span style="font-size:14px">The comprehensive review session examined 28 distinct issues spanning 23 significant development initiatives, collectively representing investments exceeding Rs 74,052 crore.</span></p> <p><span style="font-size:14px">The infrastructure portfolio under review encompasses multiple sectors, with railway projects receiving particular emphasis due to their strategic importance in enhancing regional connectivity and supporting economic development throughout the state.</span></p> <p><span style="font-size:14px">The meeting focused on identifying bottlenecks and accelerating project implementation through coordinated inter-ministerial and state-level interventions.</span></p> <p><span style="font-size:14px">Among the key projects discussed was the Mumbai Urban Transport Project (MUTP) Phase-IIIA, representing the largest single investment at Rs 33,690 crore.</span></p> <p><span style="font-size:14px">This comprehensive urban mobility initiative aims to expand suburban rail capacity across the Mumbai Metropolitan Region while addressing chronic congestion issues and improving passenger infrastructure.</span></p> <p><span style="font-size:14px">The project scope includes construction of additional railway corridors, modernisation of signaling systems, and acquisition of new rolling stock to accommodate increasing demand for public transportation services in Mumbai.</span></p> <p><span style="font-size:14px">The review also covered the Sinarmas West Coast Project, a substantial industrial development in Raigad District with an investment commitment of Rs 10,500 crore.</span></p> <p><span style="font-size:14px">Spearheaded by Sinar Mas Pulp &amp; Paper, this manufacturing facility is designed to enhance India's pulp and paper production capacity while creating employment opportunities and attracting complementary industries to the region.</span></p> <p><span style="font-size:14px">The project features advanced production infrastructure and improved regional connectivity to support the area's industrial growth.</span></p> <p><span style="font-size:14px">Principal Economic Advisor Shri Praveen Mahto of the Department for Promotion of Industry and Internal Trade (DPIIT) chaired the meeting, which brought together senior representatives from central ministries, state government departments, and project developers.</span></p> <p><span style="font-size:14px">The session emphasised collaborative problem-solving approaches to expedite issue resolution through the PMG's specialised coordination mechanism.</span></p> <p><span style="font-size:14px">During the proceedings, the Principal Economic Advisor reaffirmed the government's commitment to strengthening institutional frameworks for project oversight and directed relevant authorities to adopt proactive measures in addressing outstanding concerns.</span></p> <p><span style="font-size:14px">He highlighted the importance of private sector participants utilising the Project Monitoring Group platform, accessible through the official portal, to facilitate timely project implementation through enhanced cooperation between central government agencies, state authorities, and private stakeholders.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 43195 https://knnindia.co.in/news/newsdetails/economy/project-monitoring-group-reviews-maharashtra-infrastructure-projects-worth-over-rs-74000-crore 2025-08-19 14:34:38 knnindia.co.in