CHENNAI: With the allocation of Rs 2,681 crore for 2019-20, the state executive has given its nod to begin work for the 118-km phase-2 of metro rail mission that will connect the suburban spaces to the town centre.
“The state executive has also given an administrative sanction for a total value of Rs 40,941 crore. A sum of Rs 2,681 crore has been allocated for the Chennai Metro Rail Project as share capitals and debt,” stated deputy chief minister and finance minister O Panneerselvam, in his funds speech.
He stated, JICA has approved Rs 20,196 crore to build the priority corridor of 52.01km from Madhavaram to Sholinganallur, and Madhavaram to CMBT.
The announcement got here at a time, when the ministry of Housing and Urban Affairs, stated the state executive has not submitted proposal searching for budget from the Centre for construction. CMRL has already started with soil take a look at and detailed design for the priority corridor. “Calling of tenders for the development will begin by way of mid-2019, and construction is likely to begin this yr,” a metro rail authentic stated.
The funding preparations for different stretches also are in progress. “By enforcing the Phase-II of Chennai Metro Rail Project, the metro rail network in the Chennai metropolitan house would building up to 172.91km, which would building up its share of public transport considerably,” he stated.
CMRL lately stated that talks are underway with four international banks to fund the development of the rest portion — CMBT - Sholinganallur, Sholinganallur - Siruseri SIPCOT, and Lighthouse - Poonamallee — protecting 66.8km.
The Phase-I of the mission, protecting two corridors stretching 45.01km, will be absolutely commissioned in February 2019. The Phase-I extension protecting a period of 9km upto Tiruvottriyur is expected to be commissioned by way of June 2020, Panneerselvam stated.
“During 2018-19, an quantity of Rs 1,950 crore was allocated for the mission. As introduced, feasibility study may be being taken up for the extension of metro rail line from Meenambakkam Airport to Kilambakkam metro bus terminus,” he added.
“The state executive has also given an administrative sanction for a total value of Rs 40,941 crore. A sum of Rs 2,681 crore has been allocated for the Chennai Metro Rail Project as share capitals and debt,” stated deputy chief minister and finance minister O Panneerselvam, in his funds speech.
He stated, JICA has approved Rs 20,196 crore to build the priority corridor of 52.01km from Madhavaram to Sholinganallur, and Madhavaram to CMBT.
The announcement got here at a time, when the ministry of Housing and Urban Affairs, stated the state executive has not submitted proposal searching for budget from the Centre for construction. CMRL has already started with soil take a look at and detailed design for the priority corridor. “Calling of tenders for the development will begin by way of mid-2019, and construction is likely to begin this yr,” a metro rail authentic stated.
The funding preparations for different stretches also are in progress. “By enforcing the Phase-II of Chennai Metro Rail Project, the metro rail network in the Chennai metropolitan house would building up to 172.91km, which would building up its share of public transport considerably,” he stated.
CMRL lately stated that talks are underway with four international banks to fund the development of the rest portion — CMBT - Sholinganallur, Sholinganallur - Siruseri SIPCOT, and Lighthouse - Poonamallee — protecting 66.8km.
The Phase-I of the mission, protecting two corridors stretching 45.01km, will be absolutely commissioned in February 2019. The Phase-I extension protecting a period of 9km upto Tiruvottriyur is expected to be commissioned by way of June 2020, Panneerselvam stated.
“During 2018-19, an quantity of Rs 1,950 crore was allocated for the mission. As introduced, feasibility study may be being taken up for the extension of metro rail line from Meenambakkam Airport to Kilambakkam metro bus terminus,” he added.
Rs 2,000 crore for Chennai Metro phase-2
![Rs 2,000 crore for Chennai Metro phase-2]()
Reviewed by Kailash
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February 10, 2019
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