After Mumbai and Pune, Nagpur will be the third city to have a 38.2km metro railway line. The state cabinet approved the project to construct two elevated metro corridors at a cost of Rs8,680 crore. The project is expected to be completed in six years.
Addressing the media on Wednesday, chief minister Prithviraj Chavan said the Nagpur Improvement Trust (NIT) would spearhead the project and the Delhi Metro Rail Corporation (DMRC) had been engaged to prepare a project report. The DMRC has already submitted the project report.
Chavan said the Centre, the state government, the Nagpur Municipal Corporation (NMC) and the NIT will form a joint venture company for the project. The Centre and state will bear 20% each of the project cost, while the NIT and NMC will contribute 5% each and the remaining 50% will be raised through loans and other sources, he added.
The two lines will link the Automotive Chowk to Mihan and Prajapati Nagar to Lokmanya Nagar.
Delhi-Mum Ind Corridor state support pact okayed
The state cabinet has approved a state support agreement for the Delhi-Mumbai Industrial Corridor (DMIC). The Centre has envisaged the project, which is being implemented with Japanese help.
Addressing the media, CM Chavan said that the DMIC will run through six states; 18% of it will run through Maharashtra. As part of the project, industrial areas will be developed along the region and the Shendre-Bidkin Water Supply Project, exhibition centre and logistics park will be developed.
As part of the project, four mega integrated industrial towns will be developed — Dighi in Raigad, the Shendra-Bidkin belt in Aurangabad, Sinnar-Malegaon in Nashik, and Dhule.
Update on projects
The two elevated metro corridors in Nagpur, which will be built at a cost of Rs8,680 crore, will link the Automotive Chowk to Mihan and Prajapati Nagar to Lokmanya Nagar
The Delhi-Mumbai Industrial Corridor will run through six states; 18% of it will run through Maharashtra. As part of the project, industrial areas will be developed along the region.