Railways

Maharashtra Metro Rail Corporation is planning the Pune Metro Project Phase-I in Maharashtra. The project will be implemented by Maharashtra Metro Rail Corporation Limited (MAHA-METRO), which will be a 50:50 jointly owned company of Government of India and Government of Maharashtra. The existing Nagpur Metro Rail Corporation (NMRCL) which is a joint Special Purpose Vehicle (SPV) of Government of India (GoI) and Government of Maharashtra (GoM), would be reconstituted into Maharashtra Metro Rail Corporation (MAHA-METRO) for implementation of all metro projects including Pune Metro Rail Project Phase-1 in the state of Maharashtra outside Mumbai metropolitan region. The Pune Metro Rail Corridor will be covering a length of 31.254 km comprising of two corridors i.e. Corridor-1 (Pimpri Chinchwad Municipal Corporation (PCMC) to Swargate) covering a length of 16.589 km (11.57 km elevated and 5.019 km underground) and Corridor-2 (Vanaz to Ramwadi) covering 14.665 km (fully elevated). The total completion cost of the metro rail corridor will be Rs. 114.2 billion. The Union Cabinet has approved the development of the phase-I. The foundation stone for the project was laid on 24th December, 2016. The project is scheduled to be completed in five years from the date of start of work as per the Detailed Project Report (DPR). [Info as of: Dec. `16]

India \ Maharashtra