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Work of Bhopal and Indore Metro should be expedited with quality

Initiate action soon to form Joint Venture Board
CM Shri Chouhan reviews work of Madhya Pradesh Metro
 

भोपाल : गुरूवार, अगस्त 20, 2020, 22:40 IST

Chief Minister Shri Shivraj Singh Chouhan has said that Bhopal and Indore Metro Project is an ambitious plan of the state government, for which a target has been set to complete it within the next 3-4 years. In this regard, prompt action should be taken for the formation of Joint Venture Board, to notify Bhopal and Indore as metropolitan area and acquisition of land etc to accelerate the speed. The work of the project should be carried out speedily with quality, he added.

Chief Minister Shri Chouhan was reviewing the works related to Madhya Pradesh Metro at Mantralaya today. Minister for Urban Development and Housing Shri Bhupendra Singh, Chief Secretary Shri Iqbal Singh Bains, Additional Chief Secretary Shri Manoj Govil, Principal Secretary Shri Nitesh Vyas and other officers were present at the meeting.

Study work of Nagpur Metro

Chief Minister Shri Chouhan has said that the work of Nagpur Metro was carried out speedily. Study, work carried out in Nagpur and accelerates the speed of the construction works of Metro in Madhya Pradesh.

M.P. Metro Rail Company will become Joint Venture Company

Chief Secretary Shri Iqbal Singh Bains has informed that as per the tripartite agreement of Madhya Pradesh Government, Government of India and M.P. Metro Rail Company, the M.P. Metro Rail Company will transform into 50:50 Joint Venture Company of the Union and State Government, operated by the Board. Chief Minister Shri Chouhan instructed to take quick action in this regard.

Cost Rs. 14442 crore

The total cost of the Bhopal and Indore Metro Rail Project is Rs. 14442 crore 20 lakh, that include cost of Rs. 6941 crore 40 lakh of Bhopal Metro and Rs. 7500 crore 80 lakh of Indore Metro.

Rs. 138 crore 58 lakh spent till now

Till now, finance of Rs. 248 crore 96 lakh and Rs. 245 crore 23 lakh has been received by the Metro Company for metro works from the State Government and Government of India respectively. Out of this amount, Rs. 138 crore 58 lakh has already been spent on metro works till date.

Work tenure

It was informed that under the Bhopal Metro, a target has been set to complete the works from AIIMS to Subhash Nagar by August 2023, from Subhash Nagar to Karond square by December 2024 and from Bhadbhada square to Ratnagiri Tiraha by May 2024. Similarly, under the Indore Metro, target has been set to complete the work from Gandhi Nagar to Mumtaz Bagh by August 2023, from Mumtaz Bagh to Railway Station by July 2024 and Gandhi Nagar to Railway Station by December 2024.

Tender issued for Priority Corridors

Principal Secretary Shri Nitesh Vyas has informed that tender has been issued to construct Priority Corridors under the Metro of both Bhopal and Indore cities. Five to 6 stations will fall on the priority corridors. A 6.3 k.m. long priority corridor in Bhopal and 5.2 k.m. long priority corridor in Indore have to be constructed.

A glimpse on Bhopal and Indore Metro Project

DPR presented before Government of India

March 2016

DPR approved by State Government

January 2017

Meeting of Public Investment Board held

September 2018

Project approved by Union Cabinet

October 2018

Sanction letter issued by Union Government

November 2018

Tripartite MOU signed among Central Government, Madhya Pradesh Government and M.P. Metro Rail Corporation Ltd.

August 2019


Financial Arrangement (Amount in Crore)

Source

Bhopal Metro Rail Project

Indore Metro Rail Project

Total

Government of India

1164.44

1276.36

2440.8

Government of Madhya Pradesh

1843.62

1955.33

3798.95

External Loan

3493.34

3200.00

6693.34

Internal Loan

0.00

629.11

629.11

PPP (Public Private Partnership)

440.00

440.00

880.00

Total

6941.40

7500.80

14442.20


Pankaj Mittal
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