CHENNAI (Metro Rail News): Union Home Minister today remotely inaugurated the foundation stone for the city’s 118.9 km Phase 2 project which will feature 3 new metro lines, 127 stations and 2 train maintenance depots.
The project was approved by Tamil Nadu state government’s cabinet in 2019 at an estimated cost of Rs. 69,180 crore and the Central Government’s cabinet approval is currently pending. Chennai Metro Rail Ltd. (CMRL) is in advanced discussions with Japan International Cooperation Agency (JICA) to fund part of Line-3 & Line-5, with Asian Infrastructure Investment Bank (AIIB) to fund part of Line-4 & Line-5, and with the Asian Development Bank (ADB) to fund part of Line-3 and Line-4.
Preliminary groundwork also started to develop the site for Villivakkam Station on Line-5. This is not the start of civil work for the station’s construction (its tender notice is currently pending), and just involves the relocation of a sewage pumping station and construction of a compound wall, panel room, DG room etc.
