The Modi government has allocated Rs 5,976 crore & Rs 2,092 crore for Nagpur Metro Phase-II and Nashik Metro Neo projects respectively, reports The Times of India.
The Nagpur Metro Rail Phase II Project spread over 43.8 km length with 32 stations covers the rural parts of Nagpur district and will serve as an extension to the ongoing first phase.
Just as the Nagpur phase I, phase II also has four corridors and is going to be entirely elevated.
On the other hand, the Metro Neo Project in Nashik is going to have two corridors. Both the corridors will combinedly extend up to 32 km with 25 stations.
Both the projects will be executed by Maharashtra Metro Rail Corporation Limited (MahaMetro).
On Nashik Metro, a MahaMetro official said, "It is like a tram running on elevated tracks. It will be powered by batteries, which will be charged electrically. The cost of such a system is Rs 75 crore per km against Rs 150 crore of conventional Metro. Nasik Metro will also be soon cleared by the Union cabinet."
On Monday (01 February), Finance Minister Nirmala Sitharaman in her Budget speech announced the deployment of Metro Lite and Metro Neo to provide metro services at much less cost with the same experience, convenience and safety in Tier II cities and peripheral areas of Tier I cities.
Currently a total of 702 kms of metro is operational and over 1,016 kms of metro lines are under construction in 27 cities across the country.
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