Light Metro gets green signal! Project to be implemented entirely in public sector!

The finance department’s directive on PPP hybrid model has been dismissed by the high-level meeting.

The multi-core ‘light metro’ project proposed for Trivandrum and Kozhikode has been given the green signal by a high-level meeting held under the aegis of chief minister Oommen Chandy.

The project will be fully implemented will be implemented entirely in the public sector putting an end to the long-drawn controversy over the choice of implementation model.

The project will be fully implemented will be implemented entirely in the public sector putting an end to the long-drawn controversy over the choice of implementation model. The finance department’s directive on PPP hybrid model has been dismissed by the high-level meeting.

The light metro will be implemented with the participation of the centre and state along with JICA loan bearing 0.5% interest. This way the burden on the state will be comparatively less. The decision will now be referred to the state cabinet for approval.

The light metro will be implemented with the participation of the centre and state along with JICA loan bearing 0.5% interest.

Last month, state government had allotted a fund of Rs 850 crore for widening the 14km of road for the light metro projects in the two cities. Of this, Rs 500 crore will be used to develop the 8 km National Highway 66 from Kazhakuttam to Kesavadasapuram in the capital and Rs 350 crore for 6 km stretch from Mananchira to Meenchantha in Kozhikode to accommodate the pillars of MRTS in the median.

The 8 km from Kazhakuttam to Kesavadasapuram is Reach II of the 21.82 km proposed from Technocity to Karamana for the MRTS. The road will have right of way of 24 metres when developed.

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