[ecis2016.org] The Maharashtra Metro Rail Corporation has said that its ambitious Rs 11,400-crore Pune Metro project will be operational by 2021
The first line of the Pune Metro is likely to be operational in 2020 and second line by 2021, Maharashtra Metro Rail Corporation (Maha-Metro) managing director Brijesh Dixit has said.
You are reading: Pune Metro rail to be operational by 2021
“We have completed 35% of topography survey and geo-tech investigation work and the remaining job is expected to be completed over the next few months,” he said. The work on the first 10 kms route between Pimpri Chinchwad Municipal Corporation (PCMC) to Shivaji Nagar, will start by April 2017, Dixit said. “For funding, we have started negotiations with the World Bank and Asian Infrastructure Investment Development Bank of China,” he added.
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Commenting on the progress of the Nagpur Metro, Dixit said the 38-km project is estimated to cost Rs 8,600 crores. The company has commenced work on 22 kms and a section of 5.5 kms will be ready in 2017. The target for completing the project is December 2019 and it is expected to carry 3.5 lakh passengers.
“We have already completed the funding arrangement, under which Germany’s KFW will provide Euro 500 million and AFD (French Development Agency) will provide Euro 130 million assistance for the Nagpur Metro project. The funding will be utilised for procurement of rolling stock, cars, electricity supply, traction and other infrastructure facilities,” Dixit said.
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For a metro rail project, funding and land acquisition are the two most important elements, which the Maha-Metro team has managed to achieve through successful tie-ups. Maha-Metro has developed indigenous technology, which puts the construction cost at approximately Rs 200 crores per km. The company hopes to keep fares at a reasonable level, he added.
Maha-Metro is also considering setting up more metro projects in other cities having population of more than 20 lakhs, as per government guidelines. Maharashtra is the only state in the country where three metro rail projects – in Mumbai, Pune and Nagpur, are progressing simultaneously.
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