The inaugural run from MG Road in downtown Bangalore covered 6.7 km till Baiyappanahalli , the terminus of Reach-1 of the 18.1-km east-west corridor.
Highlights of NAMMA METRO
* The project was conceived 24 years ago, but it was cleared in 2005
* The civil construction started in April 2007
* The Reach-1, 6.7 km, from Baiyappanahalli to MG Road opened for public use on October 20; entire project scheduled to be completed by December 2013
* Total coverage: 42.3km
consists of an underground section of 8.8 km; 42 stations, including 7 underground ones
* Estimated cost: Rs 11,609cr
original project cost Rs 8,158 crore for 33 km
* Cost : Per km Rs. 274cr
* Peak Traffic Projections: 80,000 per day (for Reach-1, 6.7 km) i
* Fare: Minimum fare is fixed at Rs 10 and maximum is Rs 15 (end-to-end) for the 6.7 km stretch of Reach-1 .
The
Bangalore Metro Rail Corporation Limited (BMRCL) has so far invested about Rs 4,000 crore in the project, of the total project cost of Rs 11,609 crore. Being built on the public-private partnership model, with the state and central governments holding 15% equity each (Rs 1,224 crore). The project has 25% (Rs 2,040 crore) debt component from Japan International Cooperation Agency.
Mr. N Sivasailam, MD, BMRCL said.,''Initially, the corporation will operate 182 trips per day at a frequency of 10-15 minutes to carry about 1,000 commuters per trip from 6 am to 10 pm daily, with fares ranging from Rs 10-15. The number of coaches for each train would be doubled to six. That will happen once the service picks up momentum and as more people prefer taking the metro to save time and commute safely in air-conditioned comfort,” he said. “We expect about 25,000 people to use the metro in Reach-1.”
Src: BS
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