Patna: Bihar government on Wednesday signed a Memorandum of Understanding (MoU) between the Patna Metro Rail Corporation (PMRC) and the Delhi Metro Rail Corporation (DMRC) that will allow building of the proposed metro rail in the state capital at the cost of Rs. 13365.77 crore.
Expected to be finished in five years by September 2924, while the state and Center will share the 20% of the total cost each, the remaining 60% will be obtained through a loan, officials said.
The MoU was signed in the presence of Chief Minister Nitish Kumar, Deputy Chief Minister Sushil Kumar Modi, PMRC Chief Managing Director Chaitanya Prasad and DMRC Managing Director Mangu Singh.
The Patna metro plan includes two corridors – east-west corridor with a distance of 16.94 kilometers, and north-south corridor spanning a distance of 14.45 kilomethers.
According to the officials, the east-west corridor will consist of three elevated and eight underground stations while the north-east corridor will have nine elevated and three underground stations.
Expressing his happiness over the signing of the MoU, the Chief Minister wished luck to the PMRC directing it to begin work on the project without any delay.
It may be recalled that it was Prime Minister Narendra Modi who had broken the ground for the Patna metro project on February 17 earlier this year.
Incidentally, he DPR of the Patna metro rail has been modified more than dozen times by now and there is no reason to believe it won't be many more times in the coming weeks and months. Furthermore, acquiring land for its completion is not going to be a cakewalk, many people believe.