“Pune Metro Rail Project” approved by Central Government

February 16, 2014

The Union Ministry of Urban Development gave an “in-principle” approval to the Phase – I of the Pune Metro Rail Project. In-principle approval of the Centre will enable the state government to take necessary action required for faster implementation of the project.

Pune Metro Rail Project

Objective: To provide a world class state of the art metro rail system on pattern of Delhi Metro.
Will cover a length of 31.51 km along two corridors viz. Corridor-1 cover16.59 km from PCMC to Swargate and Corridor-2 cover 14.92 km from Vanaz to Ramwadi and improve the public transport system in the city of Pune.
The capital expenditure is expected to be around Rs 10,183 crore and the targeted year of completion is 2021.

Maharashtra Government has proposed to implement the project through a Special Purpose Vehicle jointly owned by the Centre and the state government.
Screenshot_5