The 16th Board of Directors’ meeting of Kochi Metro Rail Limited (KMRL) on Monday approved the proposal for the extension of Phase-I of the metro line from Petta to Tripunithura.
The extension will be through Pipeline Road from Petta to Tripunithura.
An additional strtech of 2 km with two stations in between Alliance Junction and SN Junction will be added to the existing plan. The additional cost for the extension is estimated at `323 crore.
Earlier, the total length of Kochi metro rail up to Petta was fixed at 25 km with 22 stations. “The KMRL Board has approved the extension plan. Now we will send the proposal to the Central and state governments for the ratification. The extension will be carried out as phase- I (A) of the project, that is probably within one year after the completion of work till Petta,” said Union Urban Development Secretary and KMRL Chairman Sudhir Krishna.
Briefing media after the Board meeting, Krishna said the progress of the work for Kochi metro rail is highly satisfactory and the project has overcome the initial hiccups.“The KMRL is getting adequate support from the government, district administration and, most importantly, from the public. Both the Central and state governments are releasing their equity promptly,” he said. The KMRL Board also approved the annual budget for the Kochi metro rail project for the next financial year.
The proposed budget estimate for 2014-15 is `2,398.48 crore. The revised budget for the current year is `1,000.97 crore.
The Board also approved the Government Order appointing M K Sinha, Officer on Special Duty (UT), Ministry of Urban Development, Government of India, in place of C K Khaitan, as the new Board member.