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Showing posts with the label Vijayawada Light Rail

Amaravati Metro | AMRC explores PPP model for Vijayawada Metro Rail Project

Vijayawada:  The Amaravati Metro Rail Corporation (AMRC) may continue to hope to avail financial assistance from the Union government for the proposed light metro project in Vijayawada , but going for Public Private Partnership (PPP) for the execution of the project seems inevitable. While the AMRC officials are preparing to present a strong case with the help of MPs in the ongoing Parliament session, which will resume on March 5, they are also exploring the feasibility of PPP mode. Sources said that AMRC managing director NP Ramakrishna Reddy has met Guntur MP Galla Jayadev and explained the status of the project. “Since the MPs are fighting for the implementation of AP Reorganisation Act, 2014, the MD met Jayadev so that the latter can argue in favour of the project in the Parliament session which will resume on March 5,” another official said. Even though the Vijayawada metro project was one of the major provisions in the AP Reorganisation Act (APRA), 2014, the...

Amaravati Metro | AMRC explores PPP model for Vijayawada Metro Rail Project

Vijayawada:  The Amaravati Metro Rail Corporation (AMRC) may continue to hope to avail financial assistance from the Union government for the proposed light metro project in Vijayawada , but going for Public Private Partnership (PPP) for the execution of the project seems inevitable. While the AMRC officials are preparing to present a strong case with the help of MPs in the ongoing Parliament session, which will resume on March 5, they are also exploring the feasibility of PPP mode. Sources said that AMRC managing director NP Ramakrishna Reddy has met Guntur MP Galla Jayadev and explained the status of the project. “Since the MPs are fighting for the implementation of AP Reorganisation Act, 2014, the MD met Jayadev so that the latter can argue in favour of the project in the Parliament session which will resume on March 5,” another official said. Even though the Vijayawada metro project was one of the major provisions in the AP Reorganisation Act (APRA), 2014, the...

Vijayawada Metro | State opts Light Metro Rail for Amaravati & Vijayawada cities

Vijayawada: Leaving behind its controversies and delays, as well as questions about its viability, the government of Andhra Pradesh has put the Vijayawada Metro project on the fast track, in accordance with its ambition to build Amaravati, its new capital, as a smart city – Vijayawada and Amaravati, 12 km away, are developing as twin cities. With the German development bank KfW chosen for its preparation, a detailed project report (DPR) is expected to be ready for the 46 km Light Rail (LRT) network proposed before the end of the year. For those who arrived late, the project has been a bone of contention between the state government on the one hand and the Delhi Metro Corporation (DMRC) and the government of the Union on the other. For the preparation of the DPR, Amaravati Metro Rail Corporation (AMRC), a special purpose vehicle (SPV) established by the state government for the project, had previously signed an MoU with the DMRC. According to the DPR prepared by the DMRC, the e...