DMRC board approves Phase-4 project revised at Rs 46,800 crore

DMRC board approves Phase-4 project revised at Rs 46,800 crore

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Date of Post: 11 Dec, 2018

New Delhi: The DMRC (Delhi Metro Rail Corporation) board approved the revised Rs 46,800 crore Phase-4 project. It will now be sent to the Delhi Cabinet for approval. In this connection, the Delhi government had asked DMRC to take the project back to its board to seek its re-approval, sources said.

More Information:

  • The board’s re-validation for the project was mandatory as the estimated cost of construction of Phase-4 project has changed twice – from Rs 55,208 crore to Rs 45,603 crore recently but it has now been revised again to around Rs 46,800 crore.
  • The cost in 2014 was estimated on the earlier tax regime and was reduced by Rs 10,000 by taking taxes as per GST into account.
  • It has marginally gone up as the Delhi Metro had earlier failed to factor in the cost of the procurement of metro coaches and laying down tracks on certain stretches.
  • The proposed 104km long Phase-4 project has 6 corridors.

The proposed 6 corridors are-

  • Janakpuri (west)-RK Ashram (28.92 km)
  • Mukundpur-Maujpur (12.54 km)
  • Rithala-Narela (21.73 km)
  • Tughlakabad-Aerocity (20.20 km)
  • Inderlok-Indraprastha (12.58 km)
  • Lajpat Nagar-Saket G-block (7.96 km)

To know more about recent developments of Delhi Metro-

04 Dec, 2018: Delhi Metro Update: Dilshad Garden to New Bus Adda corridor of Red Line to open on December 25

29 Nov, 2018: New Subway to connect IGI Airport domestic terminal with Delhi Metro

24 Nov, 2018: PM Modi to Inaugurate Noida-Greater Noida Metro corridor and Delhi Metro’s Red Line extension on December 25


Author:

Narinder Sharma is a part of the content team of Rail Analysis India as a writer and marketing executive.
His interest is in the Railways , Metro and Transportation Sector of India .
Please reach us at editor@railanalysis.com for more information .


 

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