DELHI (Metro Rail News): Chennai Metro Rail Limited has signed a contract with the Rail Vikas Nigam Limited (RVNL) under its 116.1 Km Phase II program for the construction of 12 Underground Metro Stations & 4 Underground Metro Works other than the diaphragm wall from Kilpauk Metro to Taramani.
The Phase II of the Chennai metro spans 116.1 km and includes 3 corridors:
- Corridor 3, 45.8 km long, from Madhavaram to SIPCOT
- Corridor 4, 26.1 km long , from Lighthouse to Poonamallee Bypass
- Corridor 5, 47 km long, from Madhavaram to Sholinganallur
The anticipated opening of the Phase II metro is between 2026 & 2028 at a total estimated cost of Rs 61,843 Crores.
As stated in the press note, a Letter of Acceptance (LOA) has been issued, which delegates Rs 1730.60 crore for Corridor 3, Rs 1461.97 for Corridor 4 and Rs 865.63 crore for Corridor 5. The total sum of all three works has been estimated at Rs 4058.20 crore. The project is completely funded by the Japan International Cooperation Agency (JICA).
