The Union Cabinet chaired by
the Prime Minister, Shri Narendra Modi, today gave its approval for Ahmedabad Metro Rail Project Phase-1 covering a length of 35.96 km
at a total project cost of Rs. 10,773 crore. The details are given below:-
i.
Phase-1 will cover a length of 35.96km
along two corridors viz. North-South Corridor covering 15.42 km from APMC to
Motera Stadium and East-West Corridor covering 20.54 km from Thaltej Gam to Vastral Gam.
ii.
Total project cost of Rs.10,773
crore with Govt. of India contribution of Rs. 1,990 crore in the form of equity
and subordinate debt.
iii.
Project to be implemented by
Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company Ltd., which will
be converted into a 50:50 jointly owned company of the Government of India and
Govt. of Gujarat.
iv.
Project to be covered under the
legal framework of the Metro Railways (Construction of Works) Act, 1978; the
Metro Railways (Operation and Maintenance) Act, 2002; and the Railways Act,
1989, as amended from time to time.
The proposed two
alignments are expected to provide much needed connectivity to the commuters
and would traverse through some of the densest and traffic congested areas of
Ahmedabad. It will considerably reduce traffic congestion and will bring in
fast, comfortable, safe, pollution-free and affordable mass transportation
system for the people of Ahmedabad. This would in turn contribute to further
development and prosperity of the area. Development and prosperity of Ahmedabad
will also contribute to the prosperity and development of the nation.
The Ahmedabad
Metropolitan Area, which has a population of 6.3 million will be benefitted.
Out of the
total project cost of Rs.10,773 crore, the Government of India will contribute Rs.
1,990 crore in the form of equity and subordinate debt.
Background:
Ahmedabad is the seventh
largest metropolis in India and accounts for 12 percent of the population of
Gujarat. The region has witnessed a growth rate of 2.25 percent over the last
decade. At present, Ahmedabad is the district headquarters and the High Court
and many offices of the Central Government are also located there. The future
forecast of population based on the projections done as a part of the
Integrated Mobility Plan for the Ahmedabad-Gandhinagar Region, 2031 projects
the population as 1.1 crore for the horizon year of 2043. About 70 percent of
this population will be residing in the Ahmedabad Metropolitan Corporation
(AMC) area. Bus augmentation will not be able to cater to the increased public
transit load and passengers will shift to private modes which is already
evident from the high vehicle ownership trend in the region. This would not
only aggravate congestion on the streets but also increase pollution. Hence, a
Metro Rail System in Ahmedabad has become essential.
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AK/SH/SK