Much-awaited Vijayawada light Metro Rail Project which would boost the image of Amaravati, the Capital of Andhra Pradesh has finally took shape. The German KFW Bank had agreed a loan to the tune of Rs 2,500 crore or more for the project so as it did for Kochi and Nagpur light Metro Rail Projects.
Chief Minister Chandra Babu Naidu suggested to integrate three main routes of 26 km in total in Vijayawada after he listened to the report of Public Transport Expert Edward Dautson of KFW on Wednesday in a meeting of Capital Region Development Authority.
Edward has suggested Medium Metro Train Model also apart from light Metro Rail. Naidu directed CRDA Commissioner Dr. Cherukuri Sridhar and Amaravati Metro Rail Corporation Officials to prepare a comprehensive report on Vijayawada light Metro Rail System which would cost Rs 160 crore to Rs 180 crore per kilometre.
It is planned to transport minimum 40,000 and maximum 54,000 passengers per day. Special Chief Secretary Satishchandra, Principle Secretary Ajay Jain also participated in the meeting.
last year, the Amaravati Metro Rail Corporation had sought a loan of Rs 4,300 crore for Vijayawada light Metro Rail Project for which German Government Bank KFW and French ‘Agence Francaise de Developpment (AFD)’ have come forward to finance. Apart from KFW and AFD, AMRC has in talks with European Investment Bank, World Bank and other Asian funding agency for Metro Rail Project. The
Japan International Cooperation Agency (JICA) has already agreed to fund Metro Rail Project in Amaravati Capital Area.
In continuation, the CM has also studied the proposals of housing facilities for Judges, MlAs, All India Service Officers and other VIPs in the Capital Region. ‘Green Blue cover is very important in the Capital Region. The Housing Structures shall be of eco-friendly’, CM clarified to the CRDA officials.
Another Metro Rail Project is also contemplated in the Economic City Visakhapatnam under Private Public Partnership (PPP). Two corridors would be developed under Visakha Metro Rail Project.