Published On:November 1 2011
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Maharashtar CM assures support to Pune Metro Rail Project
Maharatshtra government assures all the support for Pune Mtero Rail project.
The Delhi Metro Railway Corporation (DMRC) has submitted its draft and the governemnt is looking into the financial engineering package.
In June 2010, the general body of the Pune Municipal Corporation gave the green signal to the proposal to build a 14.925-km corridor of the Pune metro railway from Vanaz (Paud Road) to Ramwadi (Ahmednagar Road). The civic body is waiting for the state government's approval and financial assistance to start the project that will cost Rs 2,281 crore. The PMC plans to contribute 10 per cent of the total expense, get 40 per cent from the state and the Centre and the rest from private players.
The DMRC has recommended a model to be incorporated jointly in Pune and Pimpri-Chinchwad. It has also suggested that a company be formed to run the project.