Owing to high budget cost and technical changes, Indian Railways has modified its proposal for the Rs 22,500-crore Churchgate-Virar Elevated Rail Corridor project. After several bidders said that the project cost is very high, Indian Railways and the state government also said that they would fund a part of the project. The project so far has six private bidders.

The fresh proposal with modifications is expected to come in by October this year and it may see the same bidders, and some new names as well. Of the modifications to the proposal, the biggest comes in the form of the project’s financial viability. The railways will be funding about 10 per cent of the project or Rs 3,000 crore through the Indian Railway Finance Corporation (IRFC).