Nagpur metro rail headquarter to be constructed near Deekshabhoomi - infrabuddy.com

Nagpur metro rail headquarter to be constructed near Deekshabhoomi

The most ambitious metro rail project’ headquarters will come up near Deekshabhoomi. 

The construction will be carried out by Nagpur Improvement Trust (NIT) spreading across 6,359.79 sq.mt land on the road connecting Central Bazaar road with South Ambazari Road. 

The office once constructed will be under Nagpur Metro Rail Corporation Limited (NMRCL), special purpose vehicle to be formed for operation and maintenance of the metro rail network here. 

The metro rail project, state urban development department in consultation with NIT has completed the detailed project report (DPR) and would be submitted for the approval. 

The Centre had given in-principle approval to the project in February. It has to approve its share of 20% in the project which comes to Rs 1,736 crore. The state government had approved its share of 20% while NMC and NIT of 5% each. The remaining 50% has to be raised through loans. Once it gets the Union cabinet’s nod, 

NIT will float global tender inviting interested parties to execute the work. NIT is hopeful to perform bhoomipujan of the project before ensuing assembly elections and complete tendering process and kick-off the work by the end of the current fiscal.

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