Vizag Metro | Five firms in fray for Vizag Metro project
Amaravati: The Amaravati Metro Rail Corporation (AMRC) is taking calculated move and is preparing a strong plan for construction of Vizag Metro . This comes in wake of the mistakes made during the Hyderabad Metro Rail Project in Telangana. AMRC is putting down every minute detail and is seeking help of experts to prepare the report. The reports will also consider operating losses and based on expert advice mention recommended changes while preparing draft for Vizag Metro Rail Project . As per preliminary plan, the Vizag Metro Rail project will be completed into three corridors covering 42.55 km and the approximate project cost is estimated at Rs 8,800 crore. This cost excludes the land and the R&D cost that will be incurred while constructing the project. The government recommends financing civil infrastructure while the private developer will make investment in non-civil infrastructure and earn revenues via operation and maintenance of the project for 35 years. AMRC has alr...