Vijayawada: The Andhra Pradesh State Cabinet on Wednesday approved the Rs.6,823-crore Vijayawada Metro Rail project.
Briefing media after the Cabinet meeting, I & PR Minister Palle Raghunatha Reddy said the DPR submitted to the government was given the go-ahead. He said it would be completed by 2019. The metro would have capacity for 764 passengers and cover a distance of 26.3 km in two corridors during the Phase-I. The first corridor of Phase-I would be from Pandit Nehru Bus Station to Penamaluru and would cost Rs.2,587 crore, while the second corridor would be up to Gannavaram airport from PNBS involving an estimated expenditure of Rs. 3,148 crore. He said 31.02 hectares of government land would be required for the project.
The Centre and the State would be contributing Rs.866 crore each, while a loan of Rs.3,600 crore would be taken from Japan International Cooperation Agency.
The Rs. 6,823-crore project is expected to be completed by 2019
With a capacity for 764 passengers, it will cover 26.3 km in two corridors
The Rs. 6,823-crore project is expected to be completed by 2019
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