Union Cabinet approves Bhopal and Indore Metro Rail Projects
Bhopal. Metro rail will become reality soon in two major cities Bhopal and Indore of Madhya Pradesh. The Union Cabinet has granted approval to Bhopal and Indore Metro Rail Projects. The approval has been given in the first place by the Union Cabinet after the release of Metro Rail Policy-2017 by the Government of India.
Bhopal Metro Rail - Two corridors will be built under the 27.87 k.m. long Bhopal Metro Rail Project. The first Purple Line corridor will cover a distance of 14.99 k.m. from Karond Chouraha to AIIMS hospital, whereas the second red line corridor will cover a distance of 12.88 k.m from Bhadbhada Chouraha to Ratnagiri Tiraha. A total of 30 stations will be constructed, which will have 16 purple line and 14 red line corridors. An amount of Rs. 6,941.40 crore will be spent on this project.
Indore Metro Rail - The Ring Corridor from Airport to Rajwada, Railway Station, Palasia, Bangali Chouraha, Vijay Nagar and MR-10 and back to Airport under the 31.55 k.m. long Metro Rail Project will be completed in Indore by incurring Rs. 7500.80 crore. A total of 30 stations will be built under the Indore Metro Rail Project.
The 20 percent equity of the project cost will be borne by the Union Government, similarly 20 percent equity will be contributed by the State Government. The remaining 60 percent amount will be obtained in the form of loan from the Multilateral Bank. Tenders have already been approved for the first civil work of both the cities by the M.P. Metro Rail Corporation Ltd. Work will be started soon in this connection.
It may be mentioned that approval was granted in the State’s Cabinet meeting for continuation of Bhopal and Indore Rail Projects. A decision in connection to the 129 posts for Project Management Unit (PMU) and 137 posts for Project Implementation Units (PIU) was taken by the cabinet.