Amravati metro will cut the cost of capital Metro by Rs 100 crore per km

AMRC officials stated that the Amaravati light-Metro project will cost the exchequer Rs 25,000 crore. The project has been designed with two corridors in mind.

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Amravati metro will cut cost of capital Metro by Rs 100 crore per kmAmravati metro will cut cost of capital Metro by Rs 100 crore per km
Amravati metro will cut cost of capital Metro by Rs 100 crore per km

VIJAYAWADA (Metro Rail News): The Amaravati Metro Rail Corporation (AMRC) has decided to revise the detailed project report (DPR) for the Amaravati Metro project on the basis of suggestions made by the state government.

In a recent meeting with municipal minister Botcha Satyanarayana, AMRC officials stated that the Amaravati light-Metro project will cost the exchequer Rs 25,000 crore. The project has been designed with two corridors in mind.

The AMRC had estimated that it would spend Rs 12,500 crore for the 27-km long underground Metro rail line from Prakasam barrage to the Amaravati capital region. However, the state government expressed dissatisfaction about the underground line project as it would cost the exchequer Rs 450 crore per kilometer.

In its response, the AMRC said that it can minimize the cost of the project to around Rs 100 crore per kilometer. AMRC managing director NP Ramakrishna Reddy said, “we are focussed on minimizing the cost of the project as per the directions of the state government.” “We had designed an underground line earlier. However, the government has asked us to prepare estimates for an earth-grade Metro rail.

This can reduce the cost of the project drastically,” he added. Sources in the municipal administration department said that the department is planning to reduce the extent of the Eluru Road corridor, beginning the corridor from Nidamanuru instead of Gannavaram.

The AMRC is gearing to submit the new report along with the detailed project report prepared by SYSTRA within a month. Meanwhile, the state government is ready to go to the central government for assistance after verifying the final DPR.

Officials said that the government might consider a public-private partnership model for the project if the cost of the project is sufficiently reduced.

13th International Railway Equipment Exhibition (IREE) 2019

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