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A few years back, the Urban Development Ministry formulated a National Urban Transport Policy with a thrust on ‘moving people - not vehicles’. It also gave in principle approval for metro rail projects across six Indian cities. We present an overview of developments
Metro train has become one of the most sought after urban transport projects in almost all the major cities. After Delhi and Kolkata, other metro cities too have joined the metro band wagon.
Mumbai Metro
Mumbai’s first metro project, the Versova-Andheri-Ghatkopar (VAG) Corridor is being implemented on Build Own Operate Transfer (BOOT) basis through PPP. A Special Purpose Vehicle (SPV) has been formed namely Mumbai Metro-One consortium led by Reliance Infrastructure Ltd, MMRDA & Veolia Transport Ltd. The project is likely to completed by end of 2010 or early 2011.
This is first of its kind project which will provide East-West rail based connectivity to Central and Western suburbs of Mumbai. The second Metro rail project, connecting the suburbs of Charkop, Bandra, and Mankhurd is being built by Reliance Infrastructure-led consortium, which includes Reliance Communications and SNC Lavalin of Canada. An SPV Mumbai Metro Transport Pvt Ltd’ has been incorporated. A concession agreement between Maharashtra govt and the SPV has been signed earlier this year. The project entails setting up a 32 km Metro rail line covering 27 stations. The deadline set by the state government for this project is 2013.
Mumbai Metro Rail Corporation (MMRC) has been designated as project implementing agency for the Colaba-Bandra Corridor Metro Line-III project. The 20.398 km project will be built for Rs9,400 crore. The Maharashtra government has approved the project with Colaba to Mahalaxmi as underground and rest elevated.
The Maharashtra government has forwarded the proposal to DEA, for in-principle approval.
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Chennai Metro
Initiated in 2007, the government has approved two initial corridors under the proposed phase-1 of the Chennai Metro Rail Project. The phase 1 consists of two interconnected lines, linking North Chennai to the Airport in the South and Chennai Central to St.Thomas Mount. The portions of Corridor-1 with a length of 14.3 kms. from Washermanpet to Saidapet, and Corridor-2 with a length of 9.7 kms. from Chennai Central to Anna Nagar 2nd Avenue will be underground and the remainder elevated.
The project will include 32 stations over 45 km. These lines will have capacity to carry more than 500,000 passengers daily and a frequency between two trains will be 3 minutes. The entire project is scheduled to be completed by 2014-2015.
The estimated base cost of this project is about Rs14000 crore. The Central and State Governments together are expected to contribute about 41% whereas the balance will be met by a loan granted by the Japan International Cooperation Agency (JICA). A five member consortium led by Egis Rail S.A., France has been appointed as General Consultants.
Bangalore Metro
Implemented by the Bangalore Mass Rapid Transit Ltd (BMRTL), it will pass through the bustling commercial and residential areas of the city. The first phase consists of two corridors of double line and it will cover a total of 42.30 km, out of which 8.822 km will be underground. The construction work on the first elevated section is expected to be commissioned by December 2010. The approved total project outlay is Rs8158 crore (Phase-1-33 km: Rs6395 crore + Phase 1- Extension 9.3 km: Rs1763 crore) which is proposed to be financed by way of Equity, Subordinate debt and Senior term debt.
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