Pune Metro approved by Indian Government
Pune Metro got a go ahead by Indian Central Government and Maharashtra State Government. For seamless implementation and execution, Pune Metro Rail Corporation (PMRC), a special purpose vehicle (SPV) for the project, will be formed. The first phase involves building a 16.6km north-south line connecting the densely-populated Pimpri-Chinchwad Municipal Corporation area with Swargate. This will include an 11.6km elevated section and a 5km tunnel. Stage 2 will be a 14.7km east-west line from Vanaz to Ramvadi, which will be fully elevated. Pune and Nagpur (Other city on the Indian state of Maharashtra) metro projects will be a part of the umbrella institution called Maharashtra Metro Pune’s population has surged in recent years from 3.57 million in 2001 to 4.99 million in 2011, and is forecast to continue growing to 6.9 million in 2021 and 7.73 million in 2031. Maha metro MD said, "Pune metro will cover a stretch of 31 km. Total cost of the project is Rs 11,40...