The first phase of the Rs.19,000 crore metro rail project between Ahmedabad and Gandhinagar, spanning over 83 kms, is scheduled for completion in 2017.
“Request for Proposals (RFPs) of all major systems and procurement have already been floated and tenders related to civil construction are being processed,” an official at Metrolink Express for Gandhinagar and Ahmedabad (MEGA), a company formed to execute the project, said preferring anonymity.
“The first phase of the project will be completed in 2017 and the rest in 2021,” he said.
MEGA is a state-formed special purpose vehicle (SPV) for the project execution, with an authorized capital of Rs.200 crore and initial paid-up capital of Rs.10 crore.
The project covers around 83 kms connecting important points of Ahmedabad like Kalupur railway station, civil hospital, airport and reaching to Gandhinagar for connecting GIFT city, state secretariat and Akshardam.
“This project will include around 64 kms of elevated and 19 kms of underground corridor. The elevated corridor construction work will be taken up first on priority,” sources said. However, the state proposed 50:50 joint venture project with Centre currently awaits detailed project report (DPR) approval from the state government.
“The project DPRs are under consideration of the state government...and a decision is yet to be taken,” principal secretary urban development G R Aloria said. “After approval of state government, the DPRs would be sent to Centre,” he said, adding that JV proposal can only then be formalized.
Conceptualized in 2003, the pet project of Gujarat chief minister Narendra Modi was put on fast track by the state government in 2009.
“The revised project cost is now pegged at Rs.19,000 crore, which incorporates design cost, interest burden, pre-operative expenses, etc,” said an official.
On nod for the revised estimated project cost of Rs.19,000 crore, Aloria, also ex-officio director of MEGA, said, “It is yet to be approved.” Denying escalation in project cost, another MEGA official said the structural cost remains unchanged at Rs 15,000 crore.
The project, requiring an estimated Rs.7,600 crore funding over the next two years, has Rs.550 crore provision in the state budget 2013-14, and around Rs.500 crore in the previous one, sources in MEGA said.
The Centre has made a token provision of around Rs 10 crore for it in 2013-14 budget. The metro rail route covering eastern Ahmedabad is divided into two parts. Route one, starting from Paldi, will lead to civil hospital covering Jamalpur, Danilimda, Chandola lake, Isanpur, Ghodasar, Hatkeshwar, Rakhiyal, Ajit mill, Bapunagar and Memco sports complex (mainly elevated). This route will be of over 22.8 kms. While route two, starting from Jamalpur, will lead to Vadaj covering the heavy traffic areas like Gita Mandir, Kalupur railway station and civil hospital (underground). This route would be over 6 kms.
“Request for Proposals (RFPs) of all major systems and procurement have already been floated and tenders related to civil construction are being processed,” an official at Metrolink Express for Gandhinagar and Ahmedabad (MEGA), a company formed to execute the project, said preferring anonymity.
“The first phase of the project will be completed in 2017 and the rest in 2021,” he said.
MEGA is a state-formed special purpose vehicle (SPV) for the project execution, with an authorized capital of Rs.200 crore and initial paid-up capital of Rs.10 crore.
The project covers around 83 kms connecting important points of Ahmedabad like Kalupur railway station, civil hospital, airport and reaching to Gandhinagar for connecting GIFT city, state secretariat and Akshardam.
“This project will include around 64 kms of elevated and 19 kms of underground corridor. The elevated corridor construction work will be taken up first on priority,” sources said. However, the state proposed 50:50 joint venture project with Centre currently awaits detailed project report (DPR) approval from the state government.
“The project DPRs are under consideration of the state government...and a decision is yet to be taken,” principal secretary urban development G R Aloria said. “After approval of state government, the DPRs would be sent to Centre,” he said, adding that JV proposal can only then be formalized.
Conceptualized in 2003, the pet project of Gujarat chief minister Narendra Modi was put on fast track by the state government in 2009.
“The revised project cost is now pegged at Rs.19,000 crore, which incorporates design cost, interest burden, pre-operative expenses, etc,” said an official.
On nod for the revised estimated project cost of Rs.19,000 crore, Aloria, also ex-officio director of MEGA, said, “It is yet to be approved.” Denying escalation in project cost, another MEGA official said the structural cost remains unchanged at Rs 15,000 crore.
The project, requiring an estimated Rs.7,600 crore funding over the next two years, has Rs.550 crore provision in the state budget 2013-14, and around Rs.500 crore in the previous one, sources in MEGA said.
The Centre has made a token provision of around Rs 10 crore for it in 2013-14 budget. The metro rail route covering eastern Ahmedabad is divided into two parts. Route one, starting from Paldi, will lead to civil hospital covering Jamalpur, Danilimda, Chandola lake, Isanpur, Ghodasar, Hatkeshwar, Rakhiyal, Ajit mill, Bapunagar and Memco sports complex (mainly elevated). This route will be of over 22.8 kms. While route two, starting from Jamalpur, will lead to Vadaj covering the heavy traffic areas like Gita Mandir, Kalupur railway station and civil hospital (underground). This route would be over 6 kms.
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