Web Sify
Follow us on
Mail
Print

Chandigarh Metro moves ahead on track to completion

Source : BUSINESS_STANDARD
Last Updated: Thu, Sep 20, 2012 21:36 hrs

The dream of getting a Metro rail running in Chandigarh is getting closer to reality , as the final draft of the Detailed Project Report (DPR) for rail system in the Chandigarh Urban Complex’ , has been submitted to the union territory administration.

The final draft report, prepared by Delhi Metro rail Corporation (DMRC), estimates a cost of Rs 10,900 crore. The first phase is expected to be made operational by 2018.

The DPR was submitted to the Chandigarh administration a few months back. Officials say the DPR report has been conveyed to the stakeholders, the state governments of Haryana and Punjab.

Once an in -principle approval is given by the concerned stakeholders, of the proposed Chandigarh Metro Rail Corporation (CMRC), the report would be forwarded to the secretary , Union ministry of urban development, requesting his in -principle approval for the project.

Apart from the two state governments, the Chandigarh administration is also a stakeholder in the proposed CMRC.

Two corridors have been identified for the implementation of the first phase of the project.

While Corridor 1 would stretch from the Capitol Complex to Gurudwara Singh Shaheed and would be 12.497km long , the second corridor, which would be 5.076km long, would stretch from the transport terminus to the grain market.

As per the DPR, the Chandigarh Metro rail Project is recommended at a cost of Rs 10,900 crore, which would be shared among the Centre, the Chandigarh administration, and the governments of Punjab and Haryana.

While the Centre’s share would be sharing 67 per cent of the total cost, or Rs 7313 crore, the Chandigarh administration would pay 19 per cent (Rs 2177 crore). The Punjab government’s share would be 8 per cent (Rs 747 crore) and the Haryana government’s would be 7 per cent(Rs 663 crore).

The Light Metro Rail, with a carrying capacity of 25,000 Peak Hour Peak Direction Traffic, has been estimated to meet the traffic demand for the next 30 years.




blog comments powered by Disqus
most popular on facebook
talking point on sify finance