Project report for Light metro for Kerala cities gets sanction

Image
Press Trust of India Thiruvananthapuram
Last Updated : Oct 24 2014 | 7:30 PM IST
The Detailed Project Report (DPR) of the elevated Light Metro meant for Thiruvananthapuram and Kozhikode was accorded sanction at the Board of Directors meeting chaired by Chief Minister Oommen Chandy here today.
It was also decided to change the name of Kerala Monorail Corporation Ltd as Kerala Rapid Transit Corporation in the wake of decision to drop the proposal for Monorail project for these two cities.
Work on the project would begin once it gets the approval of the cabinet, State Minister for Public Works Department V K Ebrahim Kunju told reporters after the meeting.
Cost of the project planned to be completed within three years was Rs 6,728-crore--Rs 3,453 crore for 22.5 km in Thiruvananthapuram and Rs 2,057 for 14.5 km in Kozhikode.
E Sreedharan, main advisor to Delhi Metro Corporation, implementing agency of the project, was also present on the occasion.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 24 2014 | 7:30 PM IST

Next Story