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Govt allocates funds for Pune Metro

Infrastructure Finance
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March 1, 2015March 1, 2015
Govt allocates funds for Pune Metro

The Union Government has a plan outlay of Rs 126.58 crore, equity of Rs 70.38 crore and loans of Rs 56.20 crore for the Pune Metro rail in the 2015-16 budget. The Metro rail service for Ahmedabad, Lucknow, Jaipur, Vijaywada and Vizag too has been included in the expenditure budget of the union government. Nagpur Metro is also on government´s agenda as the plan outlay for Nagpur Metro rail is estimated at Rs 143.85 crore. The DMRC submitted the detailed proposal for Pune Metro rail in 2009.

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