Today's Cancelled Trains
Prime Minister reviews progress of Namma Metro Bengaluru in the Video Conference
Bangalore (SBC): The progress of Namma Metro was reviewed by Prime Minister Narendra Modi on Wednesday through a video conference with Chief Secretary Kaushik Mukherjee and Bangalore Metro Rail Corporation Ltd. Managing Director P.K. Kharola.
Sources said that Mr. Modi expressed satisfaction with the project and directed officials to hasten the implementation.
In the video conference, sources said that Mr. Mukherjee explained the reasons for the two-year delay in completion of the first phase. He attributed the delay to problems that came up during land acquisition, some of which were questioned in court, and delays in awarding contracts, especially for Majestic station. The official also said tunnelling work took time as the terrain was rocky. Sources said that Mr. Mukherjee assured Mr. Modi that the second phase would be completed by 2020. The land acquisition process for the second phase would begin next month and is expected to be completed by April 2016.
Speaking to reporters later, Mr. Mukherjee hailed the PM’s initiative. He said that final negotiations are being carried out to raise funds with a French financing agency and German government owned development bank for the second phase. BMRCL is expected to raise Rs. 1,500 crore.
No comments:
Post a Comment