SURAT (Metro Rail news): Surat Metro Rail Corporation (SMRC) held its first meeting under the newly-appointed managing director (MD) M Thennarasan in Surat on Tuesday.
The meeting is a weekly process designed to solve issues so that SMRC can begin work to lay first 10 km of rail lines from Dream City to Kadarshala Naval. After the meeting, Thennarasan said, “We are in process of finalizing the alignment near Sarsana convention center. Once that is through, tenders will be issued.”
In the initial phase, work on 10 metro rail stations on elevated rail costing roughly Rs 250 crore per station will be taken up.
Surat metro rail project is a Rs 12,020 crore project, under which, 40km metro rail infrastructure in two corridors will be set up in three year time.
Under the revised Detailed Project Report (DPR), development of four of the 38 rail stations on 40.35km-long two corridors will be done by the local body on a PPP basis.
The cost of development of a station is estimated at Rs 111 crore. The four elevated stations that SMC will develop include Rupali Canal and Althan Tenement stations on corridor no-1 and Aquarium and Athwa Chowpatty stations in corridor no-2. “By the sale of additional FSI, SMC to develop around four stations.
We will look at an additional income of Rs 1,343 crore. SMC will get private partners for the development of all the four stations,” said an SMC official.