Rs. 11216 CR Nagpur Metro Phase-II approves by CM Devendra Fadnavis

Nagpur, Metro Rail News: Chief minister Devendra Fadnavis,
Maharastra’s urban development department (UDD) has approved Rs. 11,216 crores Nagpur Metro Rail phase-II.

Maha metro will raise 60% of the total expenditure of the project through loans and central and state governments will bear the share of 20% each. CM Devendra Fadnavis chaired a meeting in Mantralaya, Mumbai to see detailed presentation of Nagpur Metro Phase 2 and asked to prepare DPR for the same. Total cost is ₹11,216 crore and this phase is to be completed in 4 years.

Fadnavis confirmed that the state UDD has cleared the project. “Detailed project report (DPR) has been forwarded to state cabinet for its approval,” he said.

The cabinet is likely to clear the project in its next meeting to be held on January 8. After cabinet’s nod, the DPR will be forwarded to the central government for final approval.

The UDD could clear the project as the NMC general body on December 20 approved city’s revised comprehensive mobility plan (CMP). Maha Metro sources said the state cabinet and the center will take a final decision on funds sharing pattern. “Pattern of Rs7,000 crore through loans and Rs2,000 crore each from center and state can also be finalized,” sources said.

As per sources, NMC, NIT and NMRDA have expressed helplessness to bear the share in Metro Rail phase-II. “It was discussed in Tuesday’s meeting whether NMRDA can contribute some money for phase-II.

Corridors finalized under phase-II fall under Metro region. However, NMRDA is beginning works of Metro region now and will not be able to give funds. NMC is in cash-strapped condition. NIT had contributed in various projects and is left with no money,” sources said. Under phase-I of Rs8,680 crore, NMC and NIT are bearing share of 5% each. The shares of the central and the state is 20% each.

Maha Metro had obtained loans for the remaining 50% expenditure. The NMC and NIT are giving most of its shares through transferring lands to Maha Metro. Later, Fadnavis chaired the meeting of NMRDA. Officials of NMRDA showed logo to Fadnavis. But Fadnavis, also chairman of NMRDA, reportedly suggested some changes. Minutes of the last meeting of NMRDA were approved in the detailed presentation on the progress of Metro region was also done before Fadnavis.

Fadnavis directed MahaMetro to prepare mass rapid transit system for Nashik. Additional chief secretary to CM Praveen Pardeshi, additional chief secretary (finance) UPS Madan and principal secretary of UDD Nitin Karir were present in the meeting. From district, guardian minister Chandrashekar Bawankule, Ramtek MP Krupal Tumane, Umrer MLA Sudhir Parwe, municipal commissioner Abhijit Bangar, NIT chairperson Sheetal Ugale, MahaMetro MD Brijesh Dixit, NIT superintending engineer SS Gujjelwar and otherswere present