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Mono and Metro Projects in Pipeline for Bangalore : Source Deccan Herald.
Written By j_venu - 4 November, 2009
Bangalore Media Reports Transportation public transport Metro Rail
the below news link (nov 2 on the Metro and Mono Infrastructure Projects in pipeline for bangalore.
www.deccanherald.com/content/33938/bangalore-train-city-21-century.html
A 42 km ‘Namma Metro’ will criss-cross the City on a Phase-1, East-West and North-South corridor in September 2012 at a cost exceeding Rs 8,158 crore. A high-speed train at a cost of Rs 5,767 crore will become a reality in 2011-12 to connect the BRV parade grounds to the Bengaluru International Airport on NH-7 on a build-operate-transfer (BOT) basis. A 59 km monorail corridor has been identified to be built at an estimated cost of Rs 12,000 crore, on a public-private-partnership (PPP) within the next three years.
Mono Rail Corridors proposed under Swiss Challenge approach
*Majestic-Hudson Circle-Wilson Garden-Dairy Circle-Agaram Lake
*Wilson Garden-Banashankari-Mysore Road-Majestic
*Majestic-Rajajinagar-Basaveshwaranagar-Mahalakshmi Layout-Yeshwantpur-Malleshwaram-Sadashivanagar-Vasanthanagar-High Grounds
*Cantonment-Indiranagar-Domlur-Ejipura-Koramangala
Funding structure of Namma Metro
*Equity from Government of India and Karnataka:
15 percent each
*Subordinate Debt from GoI and GoK: 10 and 15 percent
*Loan from financial institutions: 45 percent of project cost
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