Maharashtra Government Planned Special Purpose Vehicle to Fast-Track Pune Infrastructure Projects

CM Devendra Fadnavis directs unified agency to drive key mobility projects across Pune; The SPV will bring together officials from PMC, PCMC and PMRDA to streamline planning and execution
Maharashtra Government Planned Special Purpose Vehicle to Fast-Track Pune Infrastructure Projects
Maharashtra Government Planned Special Purpose Vehicle to Fast-Track Pune Infrastructure ProjectsThe Bridge Chronicle
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Pune, 9th June 2026: The Special Purpose Vehicle (SPV) will be establish by Maharashtra government to speed up the execution of proposed tunnel projects, the Ring Road and the long-pending High Capacity Mass Transit Route (HCMTR). A proposal for the new body is expected to be submitted to Chief Minister Devendra Fadnavis.

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Unified Push for Major Transport Projects

The move is aimed at ensuring coordinated planning and implementation of three of Pune’s most important infrastructure projects. The SPV will comprise senior officials from Pune Municipal Corporation (PMC), Pimpri-Chinchwad Municipal Corporation (PCMC) and the Pune Metropolitan Region Development Authority (PMRDA).

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With traffic congestion worsening across the Pune metropolitan region, the state government is looking to accelerate long-term mobility solutions. The Ring Road and proposed tunnel projects are expected to improve connectivity, while the HCMTR is envisioned as a continuous circular transport corridor around the city.

HCMTR Gets Fresh Momentum

The HCMTR project has remained largely on paper since it was included in Pune’s Development Plan in 1987. Officials believe that integrating it with the tunnel and Ring Road projects under a single mechanism will help remove administrative hurdles and improve project coordination.

A private consultancy has already been appointed to prepare plans for the proposed tunnel network, which is considered one of Chief Minister Fadnavis’ flagship urban mobility initiatives.

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Officials to Lead Project Execution

According to the proposal prepared by Municipal Commissioner Naval Kishore Ram, the SPV will include the commissioners of PMC, PCMC and PMRDA, along with city engineers, chief engineers from project departments and the Police Commissioner.

The body will be responsible for project planning, tendering, coordination among agencies and monitoring execution. Notably, no political representatives will be part of the SPV, allowing it to function as a professional project management entity.

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CM-Led Governing Committee to Monitor Progress

Apart from the SPV, a separate governing committee will be constituted under the chairmanship of Chief Minister Devendra Fadnavis. The committee will include the Deputy Chief Minister, senior state government officials and municipal representatives to oversee policy decisions and monitor project progress.

“An SPV comprising officials from PMC, PCMC and PMRDA is being proposed for the city’s tunnel, HCMTR and Ring Road projects. The proposal will be submitted to the Chief Minister. The new mechanism will enable faster decision-making and help accelerate the implementation of these key infrastructure projects.”

Naval Kishore Ram, Municipal Commissioner, Pune

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