No work but 472 crore spent on Gujarat Metro

[Roybot]

my mistake I am getting confused right now :3 I am just talking about the link linking Gandhi Nagar and Ahemdabad

This will help.

MetroLink Express Gandhinagar and Ahmedabad - Wikipedia, the free encyclopedia

As for the expenses, quoting a guy from skyscrapercity.

Land acquisition for 4 depots (Motera, Indroda, Gyaspur, Apparel Park), casting yards, dumping yards, setting up of SPV, endless feasibility studies for various routes, soil testing for old as well as new routes, company expenses of MEGA, preparation and floating of various tenders, DMRC consultancy fees and DPR preparation fees, payment to various agencies, setting

 

[kaykay]

That's less than 5% of total cost while they have to do land acquisition, asset mobilisation etc before construction work started so I dont know whats the big fuss here.

 

[Georgeclark]

@Nicky G and @Roybot now I got it sorry before I gave wrong numbers, I was giving numbers from the initial allocation cost in 2005 :3 My mistake read an old article on it before so that confused me.

 

[DJ Crudept]

What?? Surat has long way to go before catching ABD.

not really Surat is a diamond capital of the india it have port and its heavily industrialized city. population of Surat is bigger than ABD too.
Surat just needs metro and international airport.

 

[ni8mare]

Ignore all my messages

no with 1000 crore you actually get 6 km of metro line

 

[kaykay]

not really Surat is a diamond capital of the india it have port and its heavily industrialized city. population of Surat is bigger than ABD too.
Surat just needs metro and international airport.

Sorry to say but Abd has bigger population than Surat and It s economy is almost 2 times of that of Surat. ABD also has second largest industrial base after Mumbai in Western India.
PS: You can take my views as neutral as I am neither from Ahmedabad nor from Surat but Vadodara actually and both places are almost 100 kms from my city.

 

[SarthakGanguly]

No work but 472 crore spent on Gujarat Metro

The first phase of the Metro Link Express in Ahmedabad is supposed to be completed by December 2018.Not even a brick has been laid for the Metro Link Express from Gujarat's financial capital Ahmedabad to the political capital Gandhinagar but the state government has claimed to have spent 472 crore on the project over the past two years.

Not only this, the government has also reported a loss of 23 crore on the Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Company Limited in the financial year 2013-14, a mindboggling 140 per cent higher than 9.63 crore in the year before that when the project was launched.

When questioned about the whopping "expenditure" on the project when no work has started, MEGA's Managing Director I.P. Gautam told MAIL TODAY that the money was spent on "land development alongside the (proposed) rail line". However, a spot visit contradicted his statement. The official said the losses reported were "not technical ones but long-term investment".

Incidentally, spending on the project does not include expenses on study of urban transport between Ahmedabad and Gandhinagar and detailed project report from the Delhi Metro Rail Corporation and RITES, which were submitted to the Centre in 2005 and approved the same year.

It may be recalled that the Union Cabinet, led by Prime Minister Narendra Modi, had in October last year approved the 10,773 crore phase-1 of the project, of which 1,990 crore will be funded by the Centre while the MEGA company will be converted into a 50:50 joint venture project of the Union and the state governments. The first phase will cover nearly 38 km.

Overall, the 83-km project is to have three phases but the timeline is yet to be fixed.

It took a decade of planning before Chief Minister Anandiben Patel performed the groundbreaking ceremony of the Metro rail project in the industrial suburb of Vastral, Ahmedabad on Saturday evening.

The first phase will have two routes - East-West Corridor and North-South Corridor. The deadline of completion for this phase has been fixed for December 2018, a year after the Assembly elections.


No work but 472 crore spent on Gujarat Metro : Mail Today, News - India Today

What sorcery is this?

Foundation stone laid last week.

83 km worth land acquisition done. ONLY 472 crores spent on it.

The end date is 2018. This is 2015 beginning.

What is the issue?

 

[DJ Crudept]

Sorry to say but Abd has bigger population than Surat and It s economy is almost 2 times of that of Surat. ABD also has second largest industrial base after Mumbai in Western India.
PS: You can take my views as neutral as I am neither from Ahmedabad nor from Surat but Vadodara actually and both places are almost 100 kms from my city.

well I didn't knew that. thanks for info sir
that's great. I am from rajkot (#5 )
kem 60 bapu moj ma ?