PUNE (Metro Rail News): The Pune Metro Project is faced with a cost overrun issue that came up during the District Development Coordination & Monitoring Committees (DISHAs) under the guidance of the Minister of State, External Affairs V Muralidharan.
It can be attributed to Pandemic-induced Delays as well as ascending expenses in land acquisition that have increased the cost of the project.
“This additional expenditure of around two thousand crores of rupees has sparked concerns, with the approval process for the escalated cost currently underway. The cost has increased due to taxes and land cost. Land cost increases as the economy rejuvenates after the Covid-19 pandemic”, Muralidharan said.
Pune metro is a rapid transit system for the city of Pune that has three lines running in the city with a combined length of 54.14 Km, of which two lines are operational as of now. The three lines are:
- Purple Line: PCMC Bhavan to Swargate
- Aqua Line: Vanaz to Ramwadi
- Line 3: Hinjawadi to Civil Court via Balewadi
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