Chennai Metro second phase gets a push
RAILWAYS & METRO RAIL

Chennai Metro second phase gets a push

The 119 km stretch of the Chennai Metro’s Phase-2 which will connect the core city localities with the suburban areas has been listed under the National Infrastructure Pipeline (NIP) by the Ministry of Commerce and Industry, aimed to attract global investors.This corridor will be connecting Chennai’s core localities like T Nagar, Nandanam, Mylapore, Vadapalni, and the like to the city’s developing IT hubs at Porur and Poonamallee. The project is estimated to cost Rs 69,180 crore. Work is likely to begin in early 2021 and with a deadline for 2026.

Earlier this year, the Greater Chennai Corporation (GCC) decided to provide 12,722 sq m of land. The land worth Rs 41.99 crore was provided for the second phase of the city’s metro rail project. The land also includes an “Amma canteen”, an open playground, a portion of a road, and two parks.

The project was listed in the India Investment Grid to attract global investments for infrastructure projects in India. The Chennai Metro Rail Limited (CMRL) project was listed as “under development” in the detailed project report. The official website further clarifies that the total cost of the project is Rs 69,180 crore ($9.36 billion), and that Rs 100 crore ($13.53 million) of the project cost has been incurred till 31 August 2020.

Additionally, the 289.6 acres of land required by CMRL for the construction of the three corridors have not been acquired yet. This includes the 260.7 acres for the construction of the priority corridor from Madhavaram to Sholinganallur on Corridor 3 and Madhavaram to CMBT on Corridor 5.

Mode of delivery: The metro rail project is expected to be implemented in the engineering, producerment, construction (EPC) mode. In this mode, the contractor would be involved in all the steps, the design, construction, procurement, commissioning, and handover of the metro rail project.

The project attracted global attention with top construction and consultancy firms bidding for the construction of the fourth corridor. Firms from Korea, Europe, the United States, and Japan have placed bids for the same.

Chennai Metro has also invited nine construction bids for the second phase of the Chennai Metro project. The CMRL officials clarified that they wouldn’t have any problems receiving funds from the agencies and the project may need government funding only in the later stages of the project. The second phase of CMRL’s project already received funding from international agencies such as the Japan International Cooperation Agency (JICA). JICA agreed to loan an amount of $2.71 billion (approximately Rs 20,196 crore) for the priority corridor. Moreover, the Asian Infrastructure Investment Bank (AIIB) agreed to fund $795.4 million (around Rs 6,000 crore) for the construction of the 16 km stretch extending from Meenakshi College to Poonamallee bypass on the fourth corridor and from CMBT to Sholinganallur on Corridor 5.

The 119 km stretch of the Chennai Metro’s Phase-2 which will connect the core city localities with the suburban areas has been listed under the National Infrastructure Pipeline (NIP) by the Ministry of Commerce and Industry, aimed to attract global investors.This corridor will be connecting Chennai’s core localities like T Nagar, Nandanam, Mylapore, Vadapalni, and the like to the city’s developing IT hubs at Porur and Poonamallee. The project is estimated to cost Rs 69,180 crore. Work is likely to begin in early 2021 and with a deadline for 2026. Earlier this year, the Greater Chennai Corporation (GCC) decided to provide 12,722 sq m of land. The land worth Rs 41.99 crore was provided for the second phase of the city’s metro rail project. The land also includes an “Amma canteen”, an open playground, a portion of a road, and two parks. The project was listed in the India Investment Grid to attract global investments for infrastructure projects in India. The Chennai Metro Rail Limited (CMRL) project was listed as “under development” in the detailed project report. The official website further clarifies that the total cost of the project is Rs 69,180 crore ($9.36 billion), and that Rs 100 crore ($13.53 million) of the project cost has been incurred till 31 August 2020. Additionally, the 289.6 acres of land required by CMRL for the construction of the three corridors have not been acquired yet. This includes the 260.7 acres for the construction of the priority corridor from Madhavaram to Sholinganallur on Corridor 3 and Madhavaram to CMBT on Corridor 5. Mode of delivery: The metro rail project is expected to be implemented in the engineering, producerment, construction (EPC) mode. In this mode, the contractor would be involved in all the steps, the design, construction, procurement, commissioning, and handover of the metro rail project. The project attracted global attention with top construction and consultancy firms bidding for the construction of the fourth corridor. Firms from Korea, Europe, the United States, and Japan have placed bids for the same. Chennai Metro has also invited nine construction bids for the second phase of the Chennai Metro project. The CMRL officials clarified that they wouldn’t have any problems receiving funds from the agencies and the project may need government funding only in the later stages of the project. The second phase of CMRL’s project already received funding from international agencies such as the Japan International Cooperation Agency (JICA). JICA agreed to loan an amount of $2.71 billion (approximately Rs 20,196 crore) for the priority corridor. Moreover, the Asian Infrastructure Investment Bank (AIIB) agreed to fund $795.4 million (around Rs 6,000 crore) for the construction of the 16 km stretch extending from Meenakshi College to Poonamallee bypass on the fourth corridor and from CMBT to Sholinganallur on Corridor 5.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?