Tamil Nadu's Chief Minister Edappadi Palaniswami and Union Minister Venkaiah Naidu have inaugurated the Chennai Metro Rail Corporation Limited. The ministers opened a 7.4 Km underground stretch of the Chennai Metro.
Tamil Nadu’s Chief Minister Edappadi Palaniswami and Union Minister Venkaiah Naidu have inaugurated the Chennai Metro Rail Corporation Limited. The ministers opened a 7.4 Km underground stretch of the Chennai Metro, reports NDTV. The stretch connects the Tirumangalam and Nehru park areas of the city. The line moves along the inner periphery of the city. The latest addition to the Chennai metro has seven new stations namely, Thirumangalam, Anna Nagar Tower, Anna Nagar East, Shenoy Nagar, Pachaiyappa’s College, Kilpauk Medical College and Nehru Park, according to an NDTV report.
The minister added that the new metro line has many unique features for safety and convenience of passengers. The new underground stretch of the Chennai Metro is part of a Rs 14,600 crore project. The Chennai Metro Rail Corporation Limited already has two elevated stretches which run from Koyambedu to St Thomas and a stretch which runs from Chennai Airport to Little Mount. This would be the third Metro stretch to become operational since the project was launched in 2012. In an another first for the Chennai Metro the new stretch will have screen doors in each of the seven metro stations, as reported by NDTV.
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Indian Express had earlier reported that Ministry of Urban Development had sought further privatisation of urban infrastructure in the Metro Rail Bill. The ministry sought provision for private initiatives or public-private participation (PPP) in Metro Rail.
An urban development ministry official told the Indian Express that proposed metro policy provides state governments with a host of options for the concession agreements with the Metro rail developer.
— M Venkaiah Naidu (@MVenkaiahNaidu) May 14, 2017
Metro rails are constructed with public and central funds with the centre and state governments pitching in 50-50 per cent equity.