CHENNAI: As Chennai Metro Rail has began work on the second part, Finance Minister Palanivel Thiagarajan mentioned that the stretch Kodambakkam to Poonamallee stretch (below Hall-4) can be put into operation by June 2024.
Metro Rail Challenge Section II will span 118.9 km from the northern finish to the southern finish of the town with three corridors — Madhavaram to SIPCOT, Madhavaram to Sholinganallur and Gentle Home to Poonamallee.
The Hall-4 stretch was from CMBT to the Gentle Home. However it has been prolonged until Poonamallee contemplating the growing site visitors congestion on Arcot Street alongside Virugambakkam and Valasaravakkam.
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It can go by way of Vadapalani, as much as Poonamallee by way of Porur. The stretch could have 12 underground stations from Gentle Home to Meenakshi School which is funded by Asian Improvement Financial institution (ADB) and 18 elevated stations from Meenakshi School to Poonamallee. It’s funded by Asian Infrastructure Funding Financial institution. Just lately, Chennai Metro Rail has prolonged Hall 4 from Poonamallee Bypass to Thirumazhisai Satellite tv for pc Township. Poonamallee can be anticipated to be one of many 5 depots of Chennai Metro.
The Finance Minister additionally mentioned that work on the 16km first part extension from Chennai Airport to Kilambakkam the place the brand new bus terminus is coming will begin quickly. This comes after Chief Minister MK Stalin urged Chennai Metro Rail Restricted to quickly take up the Chennai Airport-Kilambakkam challenge which could have 13 stations. It will likely be constructed totally on GST Street as an elevated stretch,
Thiagarajan additionally introduced that he can be urging the Union authorities to rethink the shareholding below the second part of the Chennai Metro Rail challenge with a sample of fifty:50 between state and Centre as was executed in Section-I challenge. The Rs.61,843 crore Section-II of Chennai Metro has been accredited by the Authorities of Tamil Nadu. The Authorities of India has recommended offering solely 10% price as a grant as a substitute of offering 15% as share capital.