Nagpur metro approved
17 Feb 2014
INDIA: The government has given final approval to the Nagpur metro, which will see two lines totalling 38 km opening by 2020. The first route is to connect Automotive Chowk with Mihan, where an international airport is being built. The second would run between Prajapati Nagar and Lokmanya Nagar.
The Rs86·8bn project would be developed as a 50:50 public-private partnership. The central and Maharashtra state governments would each provide 20% of the funding, and Nagpur Municipal Corporation would provide 5%. The remaining 5% public contribution would come from lead developer Nagpur Improvement Trust. This organisation will be replaced by Nagpur Metro Railway Corp, a special purpose vehicle, when it is established. Delhi Metro Rail Corp carried out the feasibility study.