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Showing posts with the label Chennai Metro Phase II

Chennai Metro | CMRL to begin phase II, will not wait for Centre’s nod

Chennai: Sources with Chennai Metro Rail Limited (CMRL) suggests that the metro body will not wait for center’s approval for Phase II work. They are likely to kick-start the project as soon as the first tranche of a loan from the Japan International Cooperation Agency (JICA) is disbursed. CRML is confident about starting construction work for Phase II. The first tranche loan from JICA will meet the requirement. In case of shortage of fund, the state government will pitch in. As per the procedure, there are two levels of approvals required to begin one. The first level is needed before approaching JICA that permission has already been given by the center. Then there is the second level of approval needed to begin work. The CMRL will not have to wait for this approval once JICA releases the funds. The Metro officials are hopeful that JICA will send in final sanction within a month or two. Once CMRL receives funds from CMRL, they will start the construction work. CMRL will proceed ...

Chennai Metro | 800 properties identified for land acquisitions in phase II project

Chennai:  Chennai metro rail limited (CMRL) has made a list of more than 800 property owners to whom the notice will be issued for the acquisition of the requirement of land to build 48 stations which are planned in the 107.55 km of phase 2  project. Notice has been issued to around 410 owners who have properties along the alignment planned for 19 stations. They have included the places like Gemini, Sterling Road, Sembium, Otlen Perumbur, Purasaiwalkam, Madhavaram, Chetpet, Nungambakkam because people live nearby to these places. The land in these areas will be used for building the stations and the maintenance yard at Madhavaram. The officials say that CMRL would issue 400 more notices to property owners in the coming days. CMRL would issue 400 more notices to property owners in the coming days. The officials say that CMRL would issue 400 more notices to property owners in the coming days. CMRL would issue 400 more notices to property owners in the comi...

Chennai Metro | CMRL plans to invest Rs 400 crore in phase-II metro project

Chennai: The Chennai Metro Rail Limited (CMRL) is planning to invest Rs 400 crore to start work on its phase-II by floating tenders for three consultants to design civil structures and prepare drawing for execution of civil, architectural, track and other works. The decision was taken during a high-level meeting wherein tenders will be floated to design the alignment of both elevated and underground structures as well as proposed Madhavaram depot. Chennai Metro Rail will fund the project. The cost will be adjusted once the project is approved. Similarly, Chennai Metro Rail will also start the geo-technical investigation for the second phase and tenders in this regard will be floated soon, sources added. Meanwhile, it is learnt that only 50 per cent of the phase-II of Metro Rail will be initially funded by Japan International Cooperation Agency (JICA) and tenders are likely to be awarded in this financial year. Chennai Metro Rail had already submitted a revised Detailed Project Report ...

Chennai Metro | CMRL plans to invest Rs 400 crore in phase-II metro project

Chennai: The Chennai Metro Rail Limited (CMRL) is planning to invest Rs 400 crore to start work on its phase-II by floating tenders for three consultants to design civil structures and prepare drawing for execution of civil, architectural, track and other works. The decision was taken during a high-level meeting wherein tenders will be floated to design the alignment of both elevated and underground structures as well as proposed Madhavaram depot. Chennai Metro Rail will fund the project. The cost will be adjusted once the project is approved. Similarly, Chennai Metro Rail will also start the geo-technical investigation for the second phase and tenders in this regard will be floated soon, sources added. Meanwhile, it is learnt that only 50 per cent of the phase-II of Metro Rail will be initially funded by Japan International Cooperation Agency (JICA) and tenders are likely to be awarded in this financial year. Chennai Metro Rail had already submitted a revised Detailed Project Report ...