Kerala cabinet decision on metro rail tomorrow

Thiruvananthapuram, Aug 22 | Updated: Aug 23 2005, 05:30am hrs
The Kerala cabinet is likely to take a decision on Rs 2,239-crore Kochi metro rail on Wednesday. Delhi Metro Rail Corporation chairman E Sreedharan had highlighted the cost escalation on loss of time, when he handed over the report on Monday.

As much as Rs 15 lakh per day would be the rate of cost escalation, Mr Sreedharan had cautioned the state , in the course of the presentation of the techno -economic study that DMRC had done for Kochi metro.