Keeping an eye on the upcoming Pune Municipal Corporation elections, the Central Government’s Cabinet today approved the 31.254 km Pune Metro project comprising of 2 metro lines at a cost of Rs. 11,420 crore. The project was recently approved by the Finance Ministry’s Public Investment Board in October and Prime Minister Narendra Modi has been confirmed to visit Pune on December 24 to lay the project’s foundation stone.
The project was originally estimated by the Delhi Metro Rail Corporation to cost Rs 7,984 crore in 2009, but has undergone multiple revisions owing to government delays, red tape and opposition from NGOs. As per the approved funding plan, roughly 50% of the project will be funded by two loans co-financed by the World Bank (WB) & the Asian Infrastructure Investments Bank (AIIB), 20% each will come from the Centre & State governments while the rest 10% will be contributed by the Pune Municipal Corporation (PMC) & Pimpri-Chinchwad Municipal Corporation (PCMC).
Pune Metro’s Detailed Project Report can be viewed online here.
Line 1 – Pimpri Chinchwad Municipal Corporation – Swargate: 16.589 km with 15 stations
• Elevated: PCMC – Shivaji Nagar: 11.570 km, 9 stations
• Underground: Shivaji Nagar – Swargate: 5.019 km, 6 stations
Stations: PCMC, Tukaram Nagar, Bhosari, Kasarwadi, Fugewadi, Dapodi, Bopodi, Khadki, Range Hill, Shivaji Nagar, ASI, PMC, Budhwar Peth, Mandai, Swargate
Line 2 – Vanaz – Ramwadi – 14.665 km with 16 stations
• Type: Elevated
• Stations: Vanaz, Anand Nagar, Ideal Colony, Nal Stop, Garvare College, Deccan Gymkhana, Sambhaji Park, PMC, Civil Court, Mangalwar Peth, Pune Railway Station, Ruby Clinic, Bund Garden, Yerawada, Kalyani Nagar, Ramwadi
As per the PIB Notice:
The Project will be implemented by Maharashtra Metro Rail Corporation Limited (MAHA-METRO), which will be a 50:50 jointly owned company of Government of India and Government of Maharashtra. Project will be covered under the legal framework of the Metro Railways (Construction of Works) Act, 1978; the Metro Railways (Operation and Maintenance) Act, 2002; and the Railways Act, 1989, as amended from time to time.
The existing Nagpur Metro Rail Corporation Limited (NMRCL) which is a joint Special Purpose Vehicle (SPV) of Government of India (GoI) and Government of Maharashtra (GoM), would be reconstituted into Maharashtra Metro Rail Corporation Limited (MAHA-METRO) for implementation of all metro projects including Pune Metro Rail Project Phase-1 in the State of Maharashtra outside Mumbai Metropolitan Region. The project will benefit from experience and learnings from other Metro Rail projects in Delhi, Bengaluru, Chennai, Kochi, Nagpur etc.
Next steps include starting land acquisition and inviting bids for both lines’ Detailed Design Consultant (DDC) as well as a General Consultant to manage the project. I expect civil construction bids for the first stretch to be invited in 2018 with construction work starting in late-2018 or 2019.
For more updates, check out the Pune section of The Metro Rail Guy!