The Central Government has given in-principle approval for preparing the DPR to introduce metro rail services in Bhopal and Indore in Madhya Pradesh.
The DPR is likely to be ready by May 2013. The Centre and the state will bear its cost in the ratio of 50:50. The Urban Administration and Development Department of the state will float a tender to select a company for preparing the DPR for the two cities. The length of the metro rail track in Bhopal is 28.5 km and for Indore it will be about 33 km. The Bhopal metro rail project is estimated to cost Rs. 6,000 crore while Indore project will cost about Rs. 7,500 crore. The feasibility survey for the two projects was done by DMRC.
The Housing and Urban Development Corporation (HUDCO) may extend financial assistance upto Rs. 700 crore for the construction of the Kochi Metro project in Kerala. Currently, HUDCO is studying a proposal in this regards. The Kochi metro project is expected to cost over Rs. 5,000 crore and would have 22 metro stations. Earlier, HUDCO had provided Rs. 700 crore to Bangalore Metro and also accorded ‘in principle’ approval to the funding of Jaipur Metro. Also, it is looking at getting equity in the Delhi-Mumbai Industrial Corridor.
The Kerala Government has approved a proposal for setting up Kerala Monorail Corporation, a fully owned company under the government, to implement the monorail projects in Kozhikode and Thiruvananthapuram.
With this approval, the state Cabinet has taken the monorail projects out of the control of the Transport Department and handed it over to the Public Works Department (PWD). Thus, Kerala Monorail Corporation, a SPV, will implement the two monorail projects under the overall control of the PWD. The SPV to be headed by the Chief Minister will take up the monorail project in the capital once the DPR is submitted by the DMRC. Kerala Monorail Corporation’s first project will be the 14.5-km elevated rail-based mass rapid transit system (MRTS) from Kozhikode Medical College to Meenchantha in the city. The next in line will be the 41.8-km monorail project from Mangalapuram to Neyyattinkara in Thiruvananthapuram. The 22.2-km Phase I from Mangalapuram to Thampanoor is expected to cost Rs. 2,775 crore while the Phase II of 19.6 km from Thampanoor to Neyyattinkara will cost Rs. 2,324 crore.
The Maharashtra Government on 4 October 2012 accorded approval to the Rs. 900-crore Konkan railway project. The proposed project will connect to all the important ports in the state. While the state government will invest Rs. 450 crore, the remaining Rs. 450 crore will be allocated by the Central Government. The state government will rope in private companies associated with the port development authority to raise the equity to fund the project. The Central Government has begun the process of conducting survey to outline the details and feasibility of the project. This apart, Narayan Rane, State industries minister has sought Rs. 250 crore for a terminal in village Madure in Sawantwadi. Currently, land acquisition is underway and the project is expected to be completed by 2014. Also, in the pipeline is the Rs. 1,200 crore Kolhapur-Vaibhavwadi railway link project. However, details of the project are yet to be worked out.
The DPR is likely to be ready by May 2013. The Centre and the state will bear its cost in the ratio of 50:50. The Urban Administration and Development Department of the state will float a tender to select a company for preparing the DPR for the two cities. The length of the metro rail track in Bhopal is 28.5 km and for Indore it will be about 33 km. The Bhopal metro rail project is estimated to cost Rs. 6,000 crore while Indore project will cost about Rs. 7,500 crore. The feasibility survey for the two projects was done by DMRC.
The Housing and Urban Development Corporation (HUDCO) may extend financial assistance upto Rs. 700 crore for the construction of the Kochi Metro project in Kerala. Currently, HUDCO is studying a proposal in this regards. The Kochi metro project is expected to cost over Rs. 5,000 crore and would have 22 metro stations. Earlier, HUDCO had provided Rs. 700 crore to Bangalore Metro and also accorded ‘in principle’ approval to the funding of Jaipur Metro. Also, it is looking at getting equity in the Delhi-Mumbai Industrial Corridor.
The Kerala Government has approved a proposal for setting up Kerala Monorail Corporation, a fully owned company under the government, to implement the monorail projects in Kozhikode and Thiruvananthapuram.
With this approval, the state Cabinet has taken the monorail projects out of the control of the Transport Department and handed it over to the Public Works Department (PWD). Thus, Kerala Monorail Corporation, a SPV, will implement the two monorail projects under the overall control of the PWD. The SPV to be headed by the Chief Minister will take up the monorail project in the capital once the DPR is submitted by the DMRC. Kerala Monorail Corporation’s first project will be the 14.5-km elevated rail-based mass rapid transit system (MRTS) from Kozhikode Medical College to Meenchantha in the city. The next in line will be the 41.8-km monorail project from Mangalapuram to Neyyattinkara in Thiruvananthapuram. The 22.2-km Phase I from Mangalapuram to Thampanoor is expected to cost Rs. 2,775 crore while the Phase II of 19.6 km from Thampanoor to Neyyattinkara will cost Rs. 2,324 crore.
The Maharashtra Government on 4 October 2012 accorded approval to the Rs. 900-crore Konkan railway project. The proposed project will connect to all the important ports in the state. While the state government will invest Rs. 450 crore, the remaining Rs. 450 crore will be allocated by the Central Government. The state government will rope in private companies associated with the port development authority to raise the equity to fund the project. The Central Government has begun the process of conducting survey to outline the details and feasibility of the project. This apart, Narayan Rane, State industries minister has sought Rs. 250 crore for a terminal in village Madure in Sawantwadi. Currently, land acquisition is underway and the project is expected to be completed by 2014. Also, in the pipeline is the Rs. 1,200 crore Kolhapur-Vaibhavwadi railway link project. However, details of the project are yet to be worked out.
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