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News Entry# 562803
Jul 30 (20:26) Bengaluru Metro Phase-2 Cost Soars to Rs 40,000 Crore (www.financialexpress.com)
Metro
BMRC/Bangalore Metro
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News Entry# 562803   
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read full article... Why was project cost of Bengaluru Metro Phase-2 increased by 52% to nearly Rs 40,000 crore?

The cost of Bengaluru Metro's Phase-2 network has skyrocketed to nearly Rs 40,000 crore, a 52% increase from the initial 2014 estimate. Originally planned for 72 km at Rs 26,405 crore, the project was set for completion in 2019. The cost was revised to Rs 30,695 crore in 2021, and...
more...
again in 2022 to Rs 34,985 crore. The Bangalore Metro Rail Corporation Ltd (BMRCL) has recently submitted a revised cost proposal for approval. The cost increase is primarily attributed to the project's substantial delay. The project was initially hampered by land acquisition delays, and then hit by the pandemic. The BMRCL has also undertaken road-widening work near stations, and acquired additional land for Reach-5. The revised proposal will require approval from the State Finance Department, followed by the Centre's Urban Development department.

Bengaluru Metro ke Phase-2 ka cost almost Rs 40,000 crore tak ja chuka hai, jo 2014 mein diye gaye initial estimate se 52% zyada hai. Originally 72 km ke liye Rs 26,405 crore me plan kiya gaya tha, project 2019 tak complete hone wala tha. 2021 mein cost revise...
more...
karke Rs 30,695 crore kiya gaya, aur 2022 mein Rs 34,985 crore kiya gaya. Bangalore Metro Rail Corporation Ltd (BMRCL) ne recently revised cost proposal approve karne ke liye submit kiya hai. Cost increase ka main reason project me aane wali der hai. Project pehle land acquisition mein delay se ruk gaya, aur phir pandemic aagaya. BMRCL ne stations ke paas road-widening ka kaam bhi kiya hai, aur Reach-5 ke liye extra land bhi liya hai. Revised proposal ko State Finance Department se approval lene ke baad, Centre ke Urban Development department se final approval lena padega.
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