Railway Board clears Bengaluru Suburban Rail project
The proposal, however, requires one more clearance from the Cabinet Committee on Economic Affairs
The 148 km Bengaluru Suburban Rail project, which was awaiting various approvals over the past one year, received green light from the Railway Board on 4 November 2019.
The proposal, however, requires one more clearance from the Cabinet Committee on Economic Affairs (CCEA) before agencies could go ahead with the tender process. Details are still unclear on whether the project received conditional clearances, the break-up on cost-sharing between the state and the Union governments and total funds needed to be shared by lenders.
The Karnataka Rail Infrastructure Development Company (K-RIDE), which is tasked with the responsibility of implementing the project, hopes to get the last leg of clearance from CCEA in a month’s time. The state government had cleared the revised detailed project report (DPR), prepared by RITES, in April 2019.
The much-delayed project comprises 62 stations on four corridors, including a dedicated railway line to the Kempegowda International Airport, Bengaluru. The project is expected to cost around Rs 16,000 crore.