Mumbai: Maharashtra Metro Rail Corporation (Maha-Metro) has said its ambitious Rs 11,400 crore Pune Metro project will be operational by 2021. "We have completed 35 per cent of topography survey and geo-tech investigation work and remaining job is expected to be completed over the next few months. We hope that first line of Pune Metro will be operational in 2020 and second line by 2021," Maha-Metro Managing Director Brijesh Dixit told news agency PTI in Mumbai.
The work on first 10 kms route between Pimpri Chinchwad Municipal Corporation (PCMC) to Shivaji Nagar will start by April this year, Mr Dixit said. "For funding, we have started negotiations with World Bank and Asian Infrastructure Investment Development Bank of China," he added.
Commenting on the progress of Nagpur Metro, Mr Dixit said the 38-km project is estimated to cost Rs 8,600 crore. The company has commenced work on 22 km route and 5.5 km section will be ready in the current year with target of completing the project by December 2019.
For a Metro rail project, funding and land acquisition are two most important elements, which the Maha-Metro team has managed to achieve through successful tie-ups.
Maha-Metro is also considering setting up more metro projects in other cities having 20 lakh plus population 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.
The work on first 10 kms route between Pimpri Chinchwad Municipal Corporation (PCMC) to Shivaji Nagar will start by April this year, Mr Dixit said. "For funding, we have started negotiations with World Bank and Asian Infrastructure Investment Development Bank of China," he added.
Commenting on the progress of Nagpur Metro, Mr Dixit said the 38-km project is estimated to cost Rs 8,600 crore. The company has commenced work on 22 km route and 5.5 km section will be ready in the current year with target of completing the project by December 2019.
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For a Metro rail project, funding and land acquisition are two most important elements, which the Maha-Metro team has managed to achieve through successful tie-ups.
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Maha-Metro is also considering setting up more metro projects in other cities having 20 lakh plus population 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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