Actual work on B lore Metro only by November
Actual work on B lore Metro only by November
Vijay Times
bangalore: With the U nion Cabinet’s clearance for Bangalore’s M etro Rail coming through, work on the first phase of the Rs 6,395-crore project is likely to commence by N o vember .
V Madhu, managing director , Bangalore M etro Rail Corporation (BMRC) while speaking to Vijay T imes on Friday , said selection of a general consultant to o versee day to-day construction of the 33-km stretch, apart from shortlisting 12 contractors out of 25 pre-qualification bids will be done within three months. "W e hope to complete all formalities by October and begin work in N o vember ," Madhu said.
When asked about the route alignment on CMH Road and Mahakavi K uvempu Road which are likely to be stumbling blocks for the M etro , the BMR C chief reiterated that with the Justice Shivashankar Bhat expert committee having submitted its report to the government, the final decision would no w rest with the go vt.
"The chief minister is likely to announce the dates for construction of phase 1 between Byappanahalli and Cricket Stadium, including laying of foundation stone. So far as private land acquisition is concerned, a rehabilitation package would be offered to those land o wners who will have to part with their land. W e will utilise go vt land where ever available" Madhu added.
BMRC had in the past said it would go b y the "free consent awardee route" to offer compensation to private land o wners. KIADB is also yet to release the final notification for acquisition of land, subject to the J ustice Bhat committee report.
M eanwhile, sources said that the cost of the project is likely to be revised according to latest estimates as prices of steel, including rolling stock have increased.
PHASE 1: 33 KM
lNorth-South corridor between Y eshwantpur and KR Road connecting JP Nagar
lEast-West corridor between Byappanahalli and Rajarajeshwari Nagar connecting Mysore Road
No duty exemption
New Delhi: Union Urban Development Minister S Jaipal Reddy on Friday said the Centre had not granted Custom Duty exemption on the import of equipment for execution of the Bangalore Metro project but it would be getting a ’subordinate debt’ to offset the losses suffered because of denial of duty exemption.
Addressing a delegation of Andhra Pradesh MPs and MLAs who met him to discuss the Hyderabad Metro project, Reddy said although the Centre had not provided duty exemption to Karnataka, it had granted 5 pc subordinate debt to make good the loss of Rs 360 crore incurred. UNI
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