Union Cabinet Approves Chennai Metro Phase 2 Estimated To Cost Rs 63,246 Crore

The Union Cabinet today (3 October) granted its approval for the 118.9 kilometre long second phase of the Chennai Metro. 

The project, which is estimated to cost Rs 63,246 crore, will have 128 stations in three corridors–Madhavaram to SIPCOT, Light House to Poonamallee and Madhavaram to Sholinganallur.

The announcement however does not provide details of the amount of funding to be provided by the centre.

The project, which would connect the city’s IT corridor, had been at the centre of attention for quite some time as the Dravida Munnetra Kazhagam (DMK) government in the state accused the central government of neglecting it, while generously granting funds for metro projects in other states. 

Welcoming the announcement, Chief Minister M K Stalin and Bharatiya Janata Party (BJP) state president K Annamalai thanked Prime Minister Narendra Modi.