Bangalore Metro deadline extended to 2013

Bangalore Metro deadline extended to 2013

The Empowered Committee of Secretaries on Mass Rapid Transport System headed by Cabinet Secretary K M Chandrashekar on Tuesday decided to extended the deadline due to various factors including delay in land acquisition and shortage of trained manpower.
The committee also approved a proposal for revised estimation of cost of construction for the first phase from the existing Rs 8,158 crore to Rs 11,609 crore. “The cost revision is mainly due to a general cost escalation, some additional scope of works to be taken up apart from that specified in the original detailed project report,”  a senior official in the Urban Development Ministry told Deccan Herald.

Of the revised cost (Rs 11,609 crore) the Centre’s share will be Rs 2,724.9 crore and the Karnataka government’s Rs 3,849 crore. The remaining Rs 5,034.7 crore will be in the form of borrowings from financial agencies. The proposal will soon be moved to the Group of Ministers on Urban Transport headed by Union Finance Minister Pranab Mukherjee and subsequently placed before the Union Cabinet for its approval, said the official.

As per the report prepared by the Urban Development Ministry on the progress of the Bangalore Metro project, in the first phase (42.3km) 36.17 per cent works have been completed for which Rs 3,788.92 crore (up to December 31, 2010) has been spent. The first phase has two corridors.

The East-West corridor will be 18.10 km starting from Baiyappanahalli and terminating at Mysore Road terminal, via S V Road, Indiranagar, C M H Road, M G  Road, Cricket Stadium, Vidhana Soudha, Majestic, Magadi Road, Vijayanagar and Deepanjali Nagar.
The 24.20 km North-South corridor will begin at Nagasandra and terminate at Puttenahalli going via Mahalakshmi, Rajajinagar, Malleswaram, Majestic, Chikpet, City Market, South End Circle and Puttenahalli. Commercial operations of Reach-I (Baiyappanahalli-MG Road),  slated to start on April 4,  will be delayed due to non-availability of safety clearance from the Commissioner for Railway Safety.
The project is a joint venture between the Centre and Karnataka government. Union Urban Development Secretary is chairman of the Board.

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