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Metro rail will overcome hurdles: AMRC MD
Vijayawada: The long-awaited metro rail project seems passing all the hurdles with the project works expected to commence in March next year in the Pandit Nehru Bus Station (PNBS)-Nidamanuru corridor and PNBS-Penamaluru corridor.
Vijayawada: The long-awaited metro rail project seems passing all the hurdles with the project works expected to commence in March next year in the Pandit Nehru Bus Station (PNBS)-Nidamanuru corridor and PNBS-Penamaluru corridor.
Amaravati Metrorail Corporation Limited *(AMRC) Managing Director NP Ramakrishna Reddy told The Hans India that tenders for the two corridors would be finalised in the first week of February.
However, issues relating to funding and land acquisition continue to cast a shadow over the prospects of commencing the project works. The Amaravati Metro Rail Project is estimated to cost Rs 7,212 crore.
A sum of Rs 4,000 crore is to be raised in the external borrowing even as the rest is borne by the State and Central governments in an equal proportion.
It may be recalled that the Amaravati Metro Rail Corporation (AMRC) has invited tenders a few months ago and eight companies came forward to take part in the bidding.
The companies went back in view of the AMRC’s inability to source the funding agencies. After the Japanese International Cooperation Agency (JICA) backtracked from its promise for assistance, a clear picture on funding by external agencies remained elusive.
The problems associated with the acquisition of lands also appear to be a major roadblock hindering the metro rail.
The government reportedly allotted Rs 300 crore for land acquisition as against the requirement of Rs 450 crore. Besides, opposition from the project victims, losing their prime lands and buildings, is mounting day by day.
Protesters disrupted public hearing at Nidamanur even as the residents of Eluru road demanded a change in the alignment of the project in the corridor-2 via BRTS road so as to avoid demolition of commercial complexes and buildings along the main road.
Similar protests have been witnessed at Grama Sabhas held in the villages to be affected by the metro rail project.
The project is designed with 25 stations in the two stretches. The total area needed was 75 acres, including two acres for stations.
However, Ramakrishna Reddy exuded confidence that the AMRC will overcome all such impediments and let the metro rail chug through the two corridors by February, 2019.
