The Chief Minister said this was a "proud moment" for kerala which had waited for years and its the time for dream to become a reality.Everyone to pledge support for the project to ensure its completion within the stipulated time frame, Minister said that Delhi Metro Rail Corporation (DMRC) Principal Advisor E Sreedharan had promised me that the project would become a reality in 1095 days. The 25-km Kochi Metro route, which will have 22 stations from Aluva to Petta, is expected to be completed in about three-year time(1095 days).
The Chief Minister Oomman Chandy also said that there have been demands from various quarters for the extension of metro to the IT hub Kakkanad, Tripunithura, Nedumbassery airport-Angamally and Mattancherry etc.The government has decided to ask the Kochi Metro to study such demands and submit a detailed report in six months on the extension after which the Centre's consent would be taken to go ahead with it.
The centre's share Rs 1002.23 crore(about 19.3% of total project cost while the state's share Rs 2009.56 crore (about Rs 38.7%) while loan from funding agencies Rs 2170 crore (about 42%). Consultancy agreement with the DMRC would be signed within a week on Rs 5000 crore Thiruvananthapuram to Kozhikode Monorail project. By August of this year, the Mono rail work will commence.
The centre's share Rs 1002.23 crore(about 19.3% of total project cost while the state's share Rs 2009.56 crore (about Rs 38.7%) while loan from funding agencies Rs 2170 crore (about 42%). Consultancy agreement with the DMRC would be signed within a week on Rs 5000 crore Thiruvananthapuram to Kozhikode Monorail project. By August of this year, the Mono rail work will commence.
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