RAILWAYS

Ahmedabad Metro Phase-1 delay makes cost jump by Rs 2,000 cr

The first phase of Ahmedabad-Gandhinagar Metro, for which construction work began five years ago, may be completed only by 2022-23, with the project cost pole-vaulting to over Rs 12,700 crore, a jump of Rs 2,000 crore, officials said.

“Phase-1 of the project will get extended to the third quarter of financial year 2022-23. At present, 55 per cent of the work has been completed,” a senior official of the Gujarat Metro Rail Corporation (GMRC) told The Indian Express. GMRC is a 50-50 joint venture between the Gujarat government and the Government of India.

The cost overrun in the project, launched in 2015 by then chief minister Anandiben Patel, happened due to various reasons, including the lockdown in view of the coronavirus pandemic.

Source
The Hindu
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