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Time of India
2 hours ago
- Business
- Time of India
Union cabinet nod for phase-II of Pune metro, to cost ₹3,626 crore
NEW DELHI: The Union Cabinet on Wednesday approved Phase 2 of the Pune Metro Rail Project comprising two elevated corridors that span 12.75 km and will be built at a cost of Rs 3,626 crore. The Union Cabinet, at a meeting chaired by Prime Minister Narendra Modi, approved the two corridors under Phase 2 of the Pune Metro Rail Project -- Vanaz to Chandani Chowk and Ramwadi to Wagholi -- as extensions of the existing Vanaz-Ramwadi corridor under Phase 1. "These two elevated corridors will span 12.75 km and include 13 stations, connecting fast-developing suburbs such as Chandani Chowk, Bavdhan, Kothrud, Kharadi and Wagholi. The project is scheduled for completion within four years," Information and Broadcasting Minister Ashwini Vaishnaw said. In a post on X, Modi said Pune is developing in every sector and making a crucial contribution to the country's economy. To further speed up the growth, the government has approved the expansion of its Metro network, the prime minister said, adding it will boost the public transport and make people's lives easier. Vaishnaw said the estimated project cost is Rs 3,626.24 crore, which will be equally shared by the government of India, the government of Maharashtra and external bilateral/multilateral agencies. "This strategic proposal is a logical extension of the existing Corridor-2 and aligns with the Comprehensive Mobility Plan (CMP), which envisions a continuous Chandani Chowk to Wagholi Metro corridor to strengthen East-West mass transit in Pune," Vaishnaw said. The minister said these extensions will serve key IT hubs, commercial areas, educational institutions and residential pockets, increasing the share of public transport and ridership across the network. "The new corridors will also integrate at the District Court Interchange Station with Line-1 (Nigdi-Katraj) and Line-3 (Hinjewadi-District Court) to enable seamless multimodal urban travel," he said. Under long-term mobility planning, intercity bus services from cities like Mumbai and Bengaluru will be integrated at Chandani Chowk, while those from Ahilya Nagar and Chhatrapati Sambhaji Nagar will connect at Wagholi, allowing passengers easy access to Pune's Metro system. "These extensions will also help decongest arterial routes such as Paud Road and Nagar Road, offering safe, fast and eco-friendly mobility options," the minister said. After completion of these corridors, the projected incremental daily ridership for the entire Line-2 is estimated at 0.96 lakh in 2027, 2.01 lakh in 2037, 2.87 lakh in 2047 and 3.49 lakh in 2057. The project will be implemented by Maharashtra Metro Rail Corporation Limited (Maha-Metro), which will execute all civil, electro-mechanical and related works. Pre-construction activities such as topographical survey and detailed design consultancy have already commenced, the minister said. This strategic expansion is poised to unlock Pune's economic potential, enhance its urban transport infrastructure and contribute significantly to sustainable and inclusive development across the metropolitan region, Vaishnaw said.
Hindustan Times
9 hours ago
- Business
- Hindustan Times
Pune Metro Phase-2 gets cabinet approval
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday, approved Phase-2 of the Pune Metro Rail Project, including elevated extensions—Vanaz to Chandani Chowk (corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (corridor 2B). The project is expected to cost ₹ 3626.24 crore and will be jointly funded by the central and state governments, along with loans from international agencies. It is slated for completion in four years. (HT) These corridors are extensions of the existing Vanaz–Ramwadi Line (Phase-1) and aim to improve east-west connectivity across the city. Both corridors will be elevated and span 12.75 km, covering 13 stations across key areas like Chandani Chowk, Bavdhan, Kothrud, Kharadi, and Wagholi. The project is expected to cost ₹ 3626.24 crore and will be jointly funded by the central and state governments, along with loans from international agencies. It is slated for completion in four years. Prime Modi said, 'Pune is rapidly developing in every sector today while also making a significant contribution to the country's economy. To further accelerate this progress, we have approved the expansion of metro services here. This will not only boost transportation but also make people's lives easier.' According to officials, Maharashtra Metro Rail Corporation Limited (Maha-Metro), the implementing agency, has already begun pre-construction work such as surveys and design. Shravan Hardikar, managing director, Maha-Metro, said, 'These two new metro corridors will connect Pune's rapidly growing eastern and western suburbs to the rest of the city. Thousands of citizens in these areas will benefit from the improved connectivity.' 'At present, the station design is almost complete. We will finalize contractors in the next few months, and work is likely to begin by the end of this year,' said Atul Gadgil, director (works), Maha-Metro. Murlidhar Mohol, union minister of state and Pune MP, said, 'I had recently met union urban development minister Manohar Lal Khattar to push for the approval. The 12.75 km stretch with 13 stations will connect key areas like Bavdhan, Kothrud, Kharadi, and Wagholi, benefiting lakhs of daily commuters.' 'The decision will boost public transport and link with Line-1 and Line-3 at the District Court interchange. It will also integrate with intercity buses from Mumbai, Bengaluru, and Sambhajinagar, paving the way for smart multimodal transport in Pune,' he added. The Vanaz to Chandani Chowk stretch will cover 1.12 km with 2 stations, while the Ramwadi to Wagholi route will span 11.63 km with 11 stations. These corridors will link key residential zones, IT hubs, and commercial centres. The expansion also supports Pune's comprehensive mobility plan and is expected to ease pressure on congested roads like Paud Road and Ahmednagar Road. The new metro lines will integrate with Line-1 (Nigdi–Katraj) and Line-3 (Hinjewadi–District Court) at the District Court interchange, allowing smoother multimodal connectivity. Bus terminals for long-distance routes from Mumbai, Bengaluru, Chhatrapati Sambhaji Nagar and Ahilya Nagar will be linked with metro hubs at Chandani Chowk and Wagholi. Devendra Fadnavis, chief minister, said, 'I thank Prime Minister Modi for the important decision…These two elevated corridors will connect key areas like Chandni Chowk, Bavdhan, Kothrud, Kharadi, and Wagholi.' Ajit Pawar, deputy chief minister, said 'The decision will help reduce traffic congestion in Pune, improve the public transport system, and boost the economic, industrial, commercial, and educational growth of the city and surrounding areas.' The state cabinet approved the extensions in March 2024, with the Pune Municipal Corporation (PMC) directed to assist with land and finances. PMC will also share the cost of any future escalations. To support smooth implementation, the state has cleared interest-free loans for expenses such as land acquisition, taxes, and construction costs. Temporary use of open government land for construction has also been permitted. Maha-Metro is currently executing Phase-1, which includes the PCMC–Swargate and Vanaz–Ramwadi routes. Work is also ongoing on the PCMC to Nigdi elevated extension and Swargate to Katraj underground section of Line-1.
Mint
a day ago
- Business
- Mint
Good News for Punekars! Union Cabinet approves Pune Metro extension; IT hubs, institutions to benefit
The Union Cabinet on Wednesday approved Phase 2 of the Pune Metro Rail Project, which will extend the existing Vanaz–Ramwadi corridor. The decision was taken at a meeting chaired by Prime Minister Narendra Modi. Phase 2 includes two elevated corridors: Vanaz to Chandani Chowk and Ramwadi to Wagholi/Vitthalwadi. These two corridors will span 12.75 km and include 13 stations, covering suburbs such as Chandani Chowk, Bavdhan, Kothrud, Kharadi, and Wagholi. According to an official statement, the Phase-2 project is scheduled to be completed in four years. The estimated cost of the project is ₹ 3,626.24 crore, which will be equally shared by the Centre, the Maharashtra government, and external bilateral or multilateral agencies. 'This strategic proposal is a logical extension of the existing Corridor-2 and aligns with the Comprehensive Mobility Plan (CMP), which envisions a continuous Chandani Chowk to Wagholi Metro corridor to strengthen East–West mass transit in Pune,' the statement said. 'These extensions will serve key IT hubs, commercial areas, educational institutions, and residential pockets, increasing the share of public transport and ridership across the network,' it added. Maharashtra Metro Rail Corporation Limited (Maha-Metro) will implement the project and execute all civil, electromechanical, and related works. To enable seamless multimodal urban travel, the new corridors will be integrated at the District Court Interchange Station with Line-1 (Nigdi–Katraj) and Line-3 (Hinjewadi–District Court). Under the long-term mobility plan, intercity bus services from cities such as Mumbai and Bengaluru will also be integrated at the Chandani Chowk metro station. While buses from Ahilya Nagar and Chhatrapati Sambhaji Nagar will connect at Wagholi station. 'These extensions will also help decongest arterial routes such as Paud Road and Nagar Road, offering safe, fast, and eco-friendly mobility options,' the statement said. 'After completion of these corridors, the projected incremental daily ridership for the entire Line 2 is estimated at 0.96 lakh in 2027, 2.01 lakh in 2037, 2.87 lakh in 2047, and 3.49 lakh in 2057,' it added.
NDTV
a day ago
- Business
- NDTV
Union Cabinet Approves Rs 3,626 Crore For Phase 2 of Pune Metro Project
New Delhi: The Union Cabinet on Wednesday approved Phase 2 of the Pune Metro Rail Project comprising two elevated corridors that span 12.75 km and will be built at a cost of Rs 3,626 crore. The Union Cabinet, at a meeting chaired by Prime Minister Narendra Modi, approved the two corridors under Phase 2 of the Pune Metro Rail Project -- Vanaz to Chandani Chowk and Ramwadi to Wagholi -- as extensions of the existing Vanaz-Ramwadi corridor under Phase 1. "These two elevated corridors will span 12.75 km and include 13 stations, connecting fast-developing suburbs such as Chandani Chowk, Bavdhan, Kothrud, Kharadi and Wagholi. The project is scheduled for completion within four years," Information and Broadcasting Minister Ashwini Vaishnaw said. He said the estimated project cost is Rs 3,626.24 crore, which will be equally shared by the government of India, the government of Maharashtra and external bilateral/multilateral agencies. "This strategic proposal is a logical extension of the existing Corridor-2 and aligns with the Comprehensive Mobility Plan (CMP), which envisions a continuous Chandani Chowk to Wagholi Metro corridor to strengthen East-West mass transit in Pune," Mr Vaishnaw said. The minister said these extensions will serve key IT hubs, commercial areas, educational institutions and residential pockets, increasing the share of public transport and ridership across the network. "The new corridors will also integrate at the District Court Interchange Station with Line-1 (Nigdi-Katraj) and Line-3 (Hinjewadi-District Court) to enable seamless multimodal urban travel," he said. Under long-term mobility planning, intercity bus services from cities like Mumbai and Bengaluru will be integrated at Chandani Chowk, while those from Ahilya Nagar and Chhatrapati Sambhaji Nagar will connect at Wagholi, allowing passengers easy access to Pune's Metro system. "These extensions will also help decongest arterial routes such as Paud Road and Nagar Road, offering safe, fast and eco-friendly mobility options," the minister said. After completion of these corridors, the projected incremental daily ridership for the entire Line-2 is estimated at 0.96 lakh in 2027, 2.01 lakh in 2037, 2.87 lakh in 2047 and 3.49 lakh in 2057. The project will be implemented by Maharashtra Metro Rail Corporation Limited (Maha-Metro), which will execute all civil, electro-mechanical and related works. Pre-construction activities such as topographical survey and detailed design consultancy have already commenced, the minister said. This strategic expansion is poised to unlock Pune's economic potential, enhance its urban transport infrastructure and contribute significantly to sustainable and inclusive development across the metropolitan region, Mr Vaishnaw said.
