Nagpur Metro's Kanhan Town extension gets cabinet nod
Nagpur Metro's Phase-II North Corridor is set for a significant expansion, with the Maharashtra cabinet's sub-committee approving a 1.4 km elevated extension from Kanhan River to Kanhan town. This Rs 310.35 crore project will feature a new station...
The estimated cost of the 1.4 km elevated corridor is Rs 310.35 crore, an official release said.
The proposal, prepared by the Maharashtra Metro Rail Corporation Ltd (Maha-Metro), was approved by the infrastructure committee headed by Chief Minister Devendra Fadnavis on Thursday, it said.
The extension will have an elevated station at Kanhan town.
The town has a population of around 35,000, with an estimated 5,000-6,000 people commuting daily to and from Nagpur, the proposal noted.
The extension is expected to improve connectivity not only to Kanhan but also to Ramtek, Tekdi, Kandri Mines, Nagardhan, Gondegaon Mines and the Mauda Super Thermal Power Project.
It will ultimately serve nearly 20,000 additional daily passengers, said the release.
The funding will include the Central and Maharashtra government equity contributions of Rs 39.88 crore each, interest-free subordinate debt from both governments, and about Rs 155.18 crore through concessional multilateral loans, the release said.
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