Kolkata: Allocation of Rs 1,100 Metro-West Metro Crore in the Fiscal Year 2022-23 rose 18% compared to last year.
The corridor is wrapping now.
In the last quarter of a new fiscal, all 16.6 km link, the sector which includes V and Howrah Maidan, can operate fully.
When that happens, a train will go under the river for the first time.
For city people, from where the country’s first metro has dripped 38 years ago, Zipping through the V-Howrah Maidan sector in 27 minutes flat will definitely be a fairy tale.
History will be made because Kolkata is associated with Twin, Howrah, through Metro.
Around March this year, the East Metro must extend to Seacdah.
Metro Railway is preparing to submit an inspection by the Train Safety Commissioner (CRS).
Line 2 Kolkata currently runs a 6.9-km service deducted between the V and Phoolbagan sectors.
The corridor can be expanded 2.3 km only after CRS, the autonomous body of the Civil Service Ministry who cleaned the new Metro project in India, giving its nod.
“This year, we received 1,100 crore Rs while we got Rs 900 Crore last year.
This is an important year because this project has a target settlement of December 2022,” said Manas Sarkar, MD, Kolkata Metro Rail Corporation (KMRC), special purpose vehicles Implement the project.
The last bit of underground tunneling – from Esplanade to Seaclah -That starting on January 25, 2019 ended in May 2021.
Since the beginning, the project ran to several obstacles, time and overruns.
The original cost of Rs 4,875 Crore in July 2008 is now at Rs 8,575 Crore.
In the encouragement for the Most Ambitious Kolkata Infrastructure Project, the Union Cabinet revised the East Metro Budget in October 2020 and allowed the Japanese International Cooperation Agency (JICA) to finally disburse the remaining number of loans.
JICA, lends 48% of the total cost, withstand the third stage of its loan because the revised costs do not have cabinet permits after rising to almost 76% of the original costs.
E-W Metro gets an increase in 1,100 crore Rs funds on 2022-23
