Fadnavis chaired a meeting on the ambitious project today and reviewed its progress, a statement from his office said.
"Fadnavis authorised the high-powered committee chaired by the chief secretary to complete the process and asked to start work immediately," it said.
The project envisages a 192-meter tall statue warrior king Shivaji on a small rocky island located 3.5 km from the Mumbai coast.
The expenditure is estimated to be around Rs 3,600 cr.
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