‘Vizag metro foundation likely in Feb.’

[Kool_SRG]

The ₹8,300-cr. project is being taken up in PPP mode, may start operation by Dec. 2023, says official

Foundation for the ₹8,300 crore Visakhapatnam Metro Rail project to be taken up in public private partnership (PPP) is likely to be laid in February with a view to start operations by December 2023, according to Principal Secretary, Municipal Administration and Urban Development, Karikal Valaven.

He was speaking at a high-level meeting on the Metro project at the VMRDA Office on Wednesday.

‘No land problem’

Mr. Valavan said it was the biggest metro rail project being taken up under the PPP. The Principal Secretary and N.P. Ramakrishna Reddy, Managing Director of Amaravati Metro Rail Corporation, made a presentation on the project to MP K. Haribabu, Government Whip P.G.V.R. Naidu and MLAs P. Vishnu Kumar Raju and Vasupalli Ganesh Kumar.

Mr. Reddy said 92.4 % of the land required was that of the government and hence there was no problem. Permission from the Railways was given and No Objection Certificate from the National Highways Authority of India was awaited. Two depots were proposed for Metro Rail and for one Visakhapatnam Port Trust was allotting land for one depot near the airport. For the other one at Hanumanthavaka, revenue officials were approached.

District Collector Pravin Kumar, Metropolitan Commissioner P. Basanth Kumar and Municipal Commissioner M. Hari Narayanan participated in the deliberations.

Metro Rail is designed on three corridors running for a length of 42.55 km.

Of the cost, ₹ 4,200 crore required for civil infrastructure will be invested by the State government by obtaining a loan from the Korean government besides operations’ support for 10 years to make up for rider-ship shortfall. The non-civil infrastructure cost of ₹ 4,100 crore has to be invested by the private developer.

The government has decided to allow 250 acres of government land free of cost to AMRC for repayment of loan that will finally come to ₹6,500 crore in 20 years.

Separate tenders

AMRC will call for separate tenders for development of commercial and residential properties, malls and IT SEZs to earn revenue for the repayment of the loan.

As per the new Metro Policy, the Union government gives a grant of 10 % of the investment being made by the State government.

Request for Proposals have been issued to Shapoorji Pallomji, Adani Private Limited, TRIL Urban Transport Private Limited, ESSEL Infra Limited and IL & FS Rail Limited and the last date for receiving the bid documents is January 21.

Mr. Haribabu assured his support to the project as per the New Metro Policy under which 10 % of the State government investment would be footed by the Union government, it was learnt.

Mr. Vishnu Kumar Raju wanted the Metro Rail extended up to Anandapuram in view of the location of engineering colleges and government housing coming up at Kommadi and Madhurawada. The Collector asked the MD to consider it in view of the Greenfield airport proposed and the six-lane highway coming up.

[uttermost]

hmmm... 

[Kool_SRG]

@JANASENA    @ARYA   @sarkaar    all other Vizagites...

[uttermost]

1 minute ago, Kool_SRG said:

@JANASENA    @ARYA   @sarkaar    all other Vizagites...

sarkaar is from vizag?? wow.. So I know atleast one dumb asshole from vizag now.

[Smallpappu]

Only foundations and MOU lu matrame

 

[tacobell fan]

@ARYA @Quickgun_murugan uncle, kottesam

[Quickgun_murugan]

4 minutes ago, tacobell fan said:

@ARYA @Quickgun_murugan uncle, kottesam

[gilly]

👍

[Ram27]

metro avasaram undentha emundi akkada.. elections mundu ku pu hadavidi tappa 

[Kool_SRG]

6 minutes ago, Ram27 said:

metro avasaram undentha emundi akkada.. elections mundu ku pu hadavidi tappa 

Vizag ki Metro service eligibility undi all cities with population more than 20 Lakhs plus can get metro as per rules formed in 2006 by urban development ministry..

[Ram27]

Just now, Kool_SRG said:

Vizag ki Metro service eligibility undi all cities with population more than 20 Lakhs plus can get metro as per rules formed in 2006 by urban development ministry..

eligibility unna avasaram ledu antunna myan 

[JANASENA]

Enni stunts chesina nakka is not gonna win this election. 

[Android_Halwa]

Vizag is not yet crowded city....better oka mass transit corridor chesi initially bus rapid and later converted to tram or light rail will yield fruitful results...anthe kani metro for this city may be too early. Heavy investment and will be tough to recover and eventually public fund cheyalsi vastadi...another perfect example for CBn’s Failed strategies.

[idhi sangathi]

8 minutes ago, Android_Halwa said:

Vizag is not yet crowded city....better oka mass transit corridor chesi initially bus rapid and later converted to tram or light rail will yield fruitful results...anthe kani metro for this city may be too early. Heavy investment and will be tough to recover and eventually public fund cheyalsi vastadi...another perfect example for CBn’s Failed strategies.

Vizag is not crowded yet. True.

but Infrastructure antha mundhe ready chesukovali for development. If we have all the amenities then investments will pour in. I am from Vizag, Vizag has lot lottttt of potential to become one of the greatest tourism spots of India. This is a great move by CBN.

[libraguy86]

On 12/27/2018 at 9:08 AM, uttermost said:

sarkaar is from vizag?? wow.. So I know atleast one dumb asshole from vizag now.

I’m from vizag too .. so how does it make them dumb bro