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A
Detailed Project Report (DPR) relating to the Chennai Metro Rail
Project was prepared and submitted by the Delhi Metro Rail
Corporation Limited (DMRC) who have successfully designed and implemented
the Delhi Metro Rail Project.
The DPR envisages the creation of 2 initial corridors under
the proposed Chennai Metro Rail Project as shown below:
Click
here for project status as on May 2008
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Corridor
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Length
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Washermenpet
to
Airport
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23.1 kms
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Fort to
St. Thomas Mount
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23.4 kms
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Total
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46.5 kms
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The details of the
two corridors are given below:

Corridor-1: Washermenpet
Broadway (Prakasam Road), Chennai Central Station
Rippon Building along Cooum
River Tarapore Towers Spencers Gemini Anna
Salai Saidapet Guindy Chennai Airport.
Corridor-2: Chennai Fort Chennai Central
along EVR Periyar Salai Vepery, Kilpauk Medical
College, Aminjikarai, Shenoy Nagar Annanagar East Anna
Nagar Tirumangalam Koyambedu CMBT along Inner
Ring Road Vadapalani Ashok Nagar SIDCO
Alandur St. Thomas Mount.
Part
of this project will be underground and the remaining on elevated
portions. The alignment and
stations given above are tentative and subject to change during
detailed design and execution
The
Government of Tamil Nadu have approved in principle the two initial
corridors mentioned above.
The Government of India are also keen on implementing this
Project. The proposal sent by
the Government of Tamil Nadu for Central Government funding is
awaiting approval.
The
estimated cost of this project (in March 2007 prices) is Rs.9,757
crores. Of this, the Central and State Governments together are
expected to contribute about 40%.
The balance amount of the expenditure is expected to be met by
a loan to be granted by the Japan Bank for International Cooperation.
The
Government of Tamil Nadu have created a Special Purpose Vehicle (SPV)
for implementing the Chennai Metro Rail Project. This SPV named as Chennai
Metro Rail Limited was incorporated on 03.12.2007 under the
Companies Act.
The
Government of Tamil Nadu have also notified the engagement of DMRC as
the Interim / Prime consultants for the implementation of Chennai
Metro Rail Project.
The
contact mission of JBIC visited Chennai on 22.1.08 and held detailed
discussions with the officials connected with the implementation of
Chennai Metro Rail Project. In
continuation of the visit of the contact team of JBIC, a high level
delegation led by the Honble Minister for Local Administration
Thiru M.K. Stalin, visited Tokyo and held discussions with the
Executive Director General and other officials of JBIC at the
Headquarters of JBIC on 6.2.2008.
In that meeting the JBIC delegation had expressed its keen
interest in considering the Metro project for possible
financing. The JBICs
Special Assistance for Project Formation (SAPROF) study is underway.
Tentatively,
the project is programmed for completion in the financial year
2013-2014.
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