A MahaMetro official stated that getting cupboard approval was only a formality. “Union ministry of housing and concrete affairs (MoHUA) has already cleared the second section. It had despatched copies of the detailed venture report (DPR) to different involved ministries like finance, highway transport, railways, house, surroundings and so on. These ministries despatched us some queries. We’ve ready the replies and can submit them to MoHUA on Saturday,” he added.
MoHUA will then put together an in depth be aware for the cupboard and submit the DPR to it for approval. “MoHUA officers have instructed us that the second section will get cupboard approval earlier than March 31,” stated the official.
The official additionally stated that MahaMetro had determined to finish section II sooner than the primary section. “We’ll safe finance from overseas companies instantly after the cupboard approval after which float tenders for all 4 reaches of the second section. For the primary section, tenders for the 4 reaches have been floated one after one other,” he added.
Part II has a size of 43.8 kilometres with 32 stations.
The corridors embrace one from Automotive Sq. to Kanhan – 13km size and 12 stations. The hall will cater to the areas like Khasara, Lekha Nagar, Kamptee, and Dragon Palace.
Second hall can be from Mihan to Butibori MIDC ESR – 18.7km size and 10 stations. The hall could have the catchment space of Jamtha, Dongargaon, Mohgaon, Butibori, Mhada Colony, Indorama Colony.
Third hall is from Prajapati Nagar to Transport Nagar – 5.5km size and three stations. The hall will cater to areas within the neighborhood of Ambe Nagar, Kapsi, Transport Nagar and Asoli.
The fourth hall is Lokmanya Nagar to Hingna – 6.6km size and seven stations. The hall will cross by means of Nildoh, Gajanan Nagar, Rajiv Nagar, Lakshmi Nagar, Raipur, and Hingna village, together with surrounding MIDC areas.
Little or no land must be acquired for the second section. “The viaducts can be constructed on the median of roads and the world of land required to be acquired for the second section is one-tenth of the primary one,” stated the official.
The price of section II is Rs6,708 crore. Contribution of presidency of India (GoI) and authorities of Maharashtra (GoM) is Rs998.2 crore every. As well as each pays Rs197 crore as subordinate debt in direction of central taxes. The overseas mortgage element is Rs3,585.60 crore. The remaining quantity can be paid by MIDC and Maharashtra Airport Growth Firm (MADC).