Nagpur Metro Rail Corporation Limited (NMRCL)
Nagpur Metro (Marathi: नागपूर मेट्रो) is an under construction rapid transit system for the city of Nagpur, India. It is estimated to cost ₹86.80 billion (US$1.4 billion). In February 2014, the Government of Maharashtra gave approval for the Metro Project, while Government of India’s Ministry of Urban Development had given “In Principle” approval for the Project. On 20 August 2014, Union Cabinet gave approval for the development of project, and Prime Minister Narendra Modi laid foundation stone on 21 August on his visit to city. Construction on the project began on 31 May 2015, with trial run expected by the mid of 2017 and an anticipated partial commercial operation on line 1 in 2018.
To execute the project, the Cabinet approved setting up of Nagpur Metro Rail Corporation Limited (NMRCL) now known as MahaMetro . NMRCL is a Special Purpose Vehicle (SPV) created for the smooth implementation and operations of the Nagpur Metro Rail Project and is a joint venture of Government of India and Government of Maharashtra, with 50:50 equity. NMRCL shall be solely responsible for the successful and timely completion of the project and its subsequent operations.The project is scheduled to be completed by March 2018.
Detailed project report
DMRC submitted the report to the nodal agecy Nagpur Improvement Trust on 12 February 2013. The total cost of the project was estimated at around ₹90 billion. The project consisted of two routes: Automotive square, Kamptee to MIHAN Metro depot and Prajapati Nagar, East Wardhaman Nagar to Lokmanya Nagar, Hingna. There would be 17 stations on Route no. 1 with a terminal cum depot at MIHAN and 19 stations on Route no. 2 with a terminal cum depot at Lokmanya Nagar. A cross major station was proposed at Munje Square where the two routes would meet and the commuter would be able to exchange the routes.
It was expected that 12.21 percent of Nagpur’s estimated population of 2.9 million in 2021, i.e., around 363,000 commuters would use the Metro by 2021.
To provide first and last mile connectivity, feeder services such as shuttle buses, battery operated vehicles, pedestrian facilities and bicycle sharing schemes were included in the project. There would be 19 feeder routes covering all stations and a total distance of around 160 km. Feeder services would enhance the accessibility of the Metro for all classes of commuters, to and from homes and offices.
To execute the project, the Cabinet approved setting up of Nagpur Metro Rail Corporation Limited (NMRCL) now known as MahaMetro . NMRCL is a Special Purpose Vehicle (SPV) created for the smooth implementation and operations of the Nagpur Metro Rail Project and is a joint venture of Government of India and Government of Maharashtra, with 50:50 equity. NMRCL shall be solely responsible for the successful and timely completion of the project and its subsequent operations.
The project is scheduled to be completed by March 2018.
Nagpur Metro Route
According to the venture gauges, Rs 8,680 crore will be put resources into the Nagpur Metro Rail Project, out of which Rs 1,555 crore will be contributed through the Government of India. The Government of India will contribute monetarily to the undertaking as subordinate obligation and value. Likewise, the task will get money related backing from the Improvement Trust of Nagpur, City itself and Industrial Development Corporation, Maharashtra Airport Development Company, the Nagpur Municipal Corporation and Maharashtra Industrial Development Corporation and
The endeavor will be finished under the supervision of the Nagpur Metro Rail Corporation, which will be driven by the Urban Development Secretary. For the post of the Directors on the Board of the organization, there will be 10 chosen people, out of which five will be named by the Government of India and five by the state government. Additionally, the Managing Director of the organization will be a chosen one of the Maharashtra government.
Nagpur Metro Rail Corporation Ltd (NMRCL) will soon be re-constituted into MAHA-METRO – Maharashtra Metro Rail Corporation for implementation of all Metro Rail Projects in Maharashtra excluding the Mumbai Metropolitan Region. It has already begun implementation of Pune Metro Rail Project from December 2016.