Funding Hurdles Delay Airport-Kilambakkam Project
RAILWAYS & METRO RAIL

Funding Hurdles Delay Airport-Kilambakkam Project

The proposed Airport-Kilambakkam project for Chennai Metro Rail's Phase 2 is facing significant delays, primarily due to a lack of funding. The State government has been actively funding the Phase 2 project of Chennai Metro Rail, which is a substantial undertaking with an estimated cost of Rs 618.43 billion. As a result, allocating additional funds for the Airport-Kilambakkam project has become a challenging proposition.

Chennai Metro Rail Ltd. (CMRL) had submitted a detailed project report for extending the metro line from Chennai airport to Kilambakkam last year. This proposed extension covers a distance of approximately 15.3 km and includes stops at key locations such as Pallavaram, Kothandam Nagar, Chromepet, Mahalakshmi Colony, Thiru Vi Ka Nagar, Tambaram, Irumbuliyur, Peerkankaranai, Perungalathur, Vandalur, Arignar Anna Zoo, and Kilambakkam Bus Terminus. The estimated cost for this extension was projected at Rs 40.80 billion.

While the Phase 2 project was duly submitted to the central government for approval and funding, CMRL has not received any response or commitment of funds to date. It's worth noting that the State government has been the primary source of funding for the Phase 2 project thus far.

Given the financial constraints faced by the State government and the extensive commitments associated with Phase 2, securing additional funds for the Airport-Kilambakkam project has become a complex and challenging task. As a result, the project has been temporarily put on hold, with no immediate plans for its initiation.

It's important to consider that even if the project were to receive approval and funding, there would be additional challenges related to land acquisition and construction. These factors could further extend the timeline for completing the project, potentially spanning several years from initiation to completion.

In conclusion, while the Airport-Kilambakkam project remains a viable and valuable addition to Chennai's metro network, it currently faces significant delays and uncertainties due to financial limitations and the broader commitments associated with Chennai Metro Rail's Phase 2 project.

The proposed Airport-Kilambakkam project for Chennai Metro Rail's Phase 2 is facing significant delays, primarily due to a lack of funding. The State government has been actively funding the Phase 2 project of Chennai Metro Rail, which is a substantial undertaking with an estimated cost of Rs 618.43 billion. As a result, allocating additional funds for the Airport-Kilambakkam project has become a challenging proposition. Chennai Metro Rail Ltd. (CMRL) had submitted a detailed project report for extending the metro line from Chennai airport to Kilambakkam last year. This proposed extension covers a distance of approximately 15.3 km and includes stops at key locations such as Pallavaram, Kothandam Nagar, Chromepet, Mahalakshmi Colony, Thiru Vi Ka Nagar, Tambaram, Irumbuliyur, Peerkankaranai, Perungalathur, Vandalur, Arignar Anna Zoo, and Kilambakkam Bus Terminus. The estimated cost for this extension was projected at Rs 40.80 billion. While the Phase 2 project was duly submitted to the central government for approval and funding, CMRL has not received any response or commitment of funds to date. It's worth noting that the State government has been the primary source of funding for the Phase 2 project thus far. Given the financial constraints faced by the State government and the extensive commitments associated with Phase 2, securing additional funds for the Airport-Kilambakkam project has become a complex and challenging task. As a result, the project has been temporarily put on hold, with no immediate plans for its initiation. It's important to consider that even if the project were to receive approval and funding, there would be additional challenges related to land acquisition and construction. These factors could further extend the timeline for completing the project, potentially spanning several years from initiation to completion. In conclusion, while the Airport-Kilambakkam project remains a viable and valuable addition to Chennai's metro network, it currently faces significant delays and uncertainties due to financial limitations and the broader commitments associated with Chennai Metro Rail's Phase 2 project.

Next Story
Infrastructure Urban

ClickPost Launches Atlas to Benchmark E-commerce Logistics

ClickPost, a leading logistics intelligence platform, has launched Atlas, a subscription-based benchmarking tool designed to transform how e-commerce brands strategise logistics. Powered by ClickPost’s proprietary network, which processes over 50 million shipments each month, Atlas enables brands to benchmark key operational metrics in real time against industry peers and standards.Unlike traditional dashboards, Atlas delivers comparative insights—from fulfilment speeds, RTO rates and average order values to city-level delivery times and sales data—allowing brands to identify operational..

Next Story
Real Estate

Kalyani Launches Two New LivingTree Towers in Bengaluru

Bengaluru-based Kalyani Developers has announced the launch of Towers 3 and 4 at its flagship residential project, Kalyani LivingTree, located in KIADB Aerospace Park. The expansion adds 525 premium 3BHK apartments, ranging from 1300 to 1600 sq ft, and over 7.5 lakh sq ft of built-up area. Prices start from Rs 1.2 crore.These towers, the most exclusive in Phase 1, offer uninterrupted pool and landscape views, and access to over 60 lifestyle amenities, two clubhouses totalling 1 lakh sq ft, and more than 80 per cent open space.LivingTree spans 25 acres and will comprise ten towers of 23–24 fl..

Next Story
Infrastructure Urban

Blue Water Logistics IPO opens May 27

Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,0..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?