Amaravati: State Chief Minister N Chandrababu Naidu directed officials of the AMRC (Amaravati Metro Rail Corporation) to Speed up works Visakhapatnam Metro Rail project. The CM, on Wednesday, held a review meeting with Municipal Administration Minister P Narayana and AMRC MD N P Ramakrishna Reddy at the Secretariat.
The State government would give all permissions for the metro project after securing the Cabinet nod for the project, he said.
Naidu directed officials to invite tenders for the Metro rail project within 60 days after getting approval from the State government.
The government would allot 250 acres to the Metro Rail Corporation and the corporation can raise funds to repay loans to banks on its own by developing the land commercially, he said.
Deepak Kumar is a part of the content team of Rail Analysis India as a writer and analyst .
His focus is on new initiatives on the Railway Sector of India .
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