Vijayawada Metro | The Union budget did not mention Vijayawada and Visakhapatnam metro rail projects
Vijayawada: Even when Chief Minister N Chandrababu Naidu , in his meeting with Prime Minister Narendra Modi last month, called for more quickly completing the Vijayawada and Visakhapatnam metro rail projects, the Union budget did not mention the projects, to great disappointment. of the state government. With this, Amaravati Metro Rail Corporation (AMRC) is contemplating opting for Public Private Partnership (PPP), to execute the Vijayawada subway project. “Given that there has been no guarantee regarding the funding of the projects, we will examine whether we can move forward with the PPP model for the Vijayawada metro ,” said NPIE MD NP Ramakrishna Reddy. The PPP model is being used for the implementation of the Visakhapatnam metro. The association with private players will help a faster execution of the project, since the officials do not need to wait for the funds of the government of the Union. While the Union government had provisionally allocated Rs 100 crore in the...