Cabinet approves Rs.13,365.77 crore for Patna Metro Rail Project

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Cabinet approves Rs.13,365.77 crore for Patna Metro Rail Project

NEW DELHI: The Union Cabinet chaired by Prime Minister of India Narendra Modi has approved Patna Metro Rail Project having two Metro Rail Corridors,namely (i) Danapur to Mithapur (ii) Patna Railway Stationof New ISBT at an estimated cost of Rs.13365.77 crore.nnProject Details:nnThe Project will be completed in five years.nnDanapurCantt to Mithapur corridor will pass through the heart of city and connect densely populated areas Raza Bazar, Secretariat, High Court, Law University Railway Station.nnPatna Jn. to ISBT corridor will connect Gandhi Maidan, PMCH, Patna University, Rajendra Nagar, Mahatma Gandhi Setu, Transport Nagar and ISBT.nnThe Metro will provide Eco friendly and sustainable Public Transport to residents, commuters, industrial workers, visitors and travelers.nPatna Metro Project Highlights:nnThe length of Danapur to Mithapur corridor is 16.94 km, which is mostly underground (11.20 km) and partly elevated (5.48 km) and comprises of 11 Stations (3-Elevated and 8-Underground).nnThe length of Patna Station to New ISBT corridor is 14.45 km, which is mostly elevated (9.9 km) and partly underground (4.55 km) and comprising of 12 stations (9-Elevated and 3-Underground).nnThe existing population of 26.23 lakh of Patna agglomeration area is expected to be benefitted by Patna Metro Rail Project directly and indirectly.nnThe approved corridors will be having Multimodal Integration with Railway Stations &ISBT Station and will have feeder network of Bus, Intermediate Public Transport (IPT) and Non Motorised Transport (NMT). The Project will have non-fare box revenue from rental & advertisement as well asValue Capture Financing (VCF) through mechanism of Transit Oriented Development (TOD) and Transfer of Development Rights (TDK).nnThe residential areas along thisMetro Rail corridorsshall be immensely benefitted by this project, as the people of these areas will be able to travel on trains from their own neighborhoods to reach different areas of the city conveniently.

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