Work on the much-awaited Chennai Metro Rail Project is expected to begin by October this year with the Japanese government giving its nod for concessionary assistance to build the transport system. The total project cost is estimated at Rs 11,124 crore, while Japan will provide Rs 8,646 crore to establish a 45-km long mass rapid transport system in the form of metro and elevated railways. The remaining cost will shared by both state government and the Centre.
The metro rail project is aimed at congesting the city's crowded roads and offer the people of this metropolis a more environment and user-friendly mass transport system. Chennai, which already has three modes of transport -- bus, suburban train service and mass rapid transit system (MRTS) -- will be the first city in the country to have four modes of transport. The Tamil Nadu government will sign the agreement with the Japanese government which is providing Rs 852.69 crore for the prestigious project in September.
Comments
Post a Comment