News

Bihar govt provides Rs 500 crore for Phase 1 of Patna Metro Rail project

Representative Image

PATNA: The Government of Bihar sanctioned the amount of Rs 500 crore for the Phase 1 of Patna Metro Rail Project via the Bihar Development Authority on December 17, 2021.

The sanctioned amount will be utilised to compensate those villagers whose land has been procured for the project. The Government of India has also paid Rs 424 crores for this project so far. Moreover, 76 acres of land has already been acquired for the project and Rs 726 crore will be given to the land owners. Besides the fund from the state government, to commence the work for the Rail project, Patna Metro Rail Corporation Limited (PMRC) is still waiting for the funds from Japan International Cooperation Agency (JICA).

Currently, the construction activities are underway from Malahi Pakadi to ISBT Patliputra elevated corridor with a length of 6.6 km along with the stations at Khemnichak and Bhutnath. The central and state government both will bear 20 per cent of the cost and the remaining 60 per cent will be procured in form of a loan from JICA.

Team Urban Update

Recent Posts

Gadkari: EV prices to match petrol, diesel cars in two years

Representative Image NEW DELHI: Nitin Gadkari, Minister for Road Transport and Highways, Government of India,…

3 months ago

14 lakh homes built in Gujarat under PMAY scheme

Representative Image GANDHINAGAR, Gujarat: Gujarat has reached a significant milestone in the construction of homes…

3 months ago

MBMC launches ‘Central School Control Room’ for students’ safety

Representative Image THANE, Maharashtra: The Mira Bhayander Municipal Corporation (MBMC) in Maharashtra has established a…

3 months ago

Delhi govt extends ban on sale, production of firecrackers till Jan 2025

Representative Image NEW DELHI: With the aim to tackle the increasing air pollution level in…

3 months ago

UPSIDA takes over maintenance of 34 industrial areas from ULBs

Representative Image LUCKNOW, Uttar Pradesh: The Uttar Pradesh State Industrial Development Authority (UPSIDA) has come…

3 months ago

Delhi Jal Board to team up with WATCO for 24/7 water supply

Representative Image NEW DELHI: The Delhi Jal Board (DJB) plans to collaborate with the Water…

3 months ago