With the Kochi Metro Rail Limited (KMRL) venturing into Water Metro, it has awarded a contract worth almost Rs 30 crore to construct three major boat terminals, reports Rail Analysis India.
A contract, worth Rs 29.67 crores, to construct three major boat terminals at Vyttila, Error and Kakkanad for the phase-1 of the project has been awarded to Marymatha Construction Company.
Kochi Water Metro is planning to develop 16 routes, connecting ten islands on a network of routes, spanning 76 km. Total cost of the project is estimated to be around Rs 747 crores. German Bank KfW is financing the project.
A fleet of 78 fast, fuel efficient, air-conditioned ferrying across 45 terminals is intended to power the water metro. Such modern watercraft are supposed to benefit more than a lakh islanders. The project is expected to be operational by February 2020.