No funds from Centre for Phase 2 of Metro
RAILWAYS & METRO RAIL

No funds from Centre for Phase 2 of Metro

In light of financial constraints plaguing the Chennai Metro Rail's Phase 2 project, sources have indicated that the proposed Airport - Kilambakkam expansion is unlikely to proceed at this time. The project, which had garnered attention for its potential to enhance connectivity, has been temporarily halted due to a lack of funding, with plans for its eventual resumption in the future.

Sources familiar with the situation have cited the State government's existing commitment to funding the Chennai Metro Rail's Phase 2 project as a primary reason for the delay in taking up the Airport - Kilambakkam project. With the financial resources already allocated to the ongoing Phase 2 endeavor, investment in the new expansion has become challenging.

While Chennai Metro Rail's Phase 1 and its Phase 1 extension have successfully covered 54 kilometers of the city and have been operational for several years, Phase 2, spanning an extensive 116 kilometers, is currently under construction with an estimated cost of 761,843 crore.

Last year, Chennai Metro Rail Ltd. (CMRL) submitted a detailed project report outlining the extension of the metro line from Chennai airport to Kilambakkam to the State government. This proposed 15.3-kilometer extension would pass through various key locations, including Pallavaram, Kothandam Nagar, Chromepet, Mahalakshmi Colony, Thiru Vi Ka Nagar, Tambaram, Irumbuliyur, Peerkankaranai, Perungalathur, Vandalur, Arignar Anna Zoo, and Kilambakkam Bus Terminus, with an estimated cost of $4,080 crore.

While the financial challenges persist, the fate of the Airport - Kilambakkam project remains uncertain, pending potential future funding and developments.

In light of financial constraints plaguing the Chennai Metro Rail's Phase 2 project, sources have indicated that the proposed Airport - Kilambakkam expansion is unlikely to proceed at this time. The project, which had garnered attention for its potential to enhance connectivity, has been temporarily halted due to a lack of funding, with plans for its eventual resumption in the future. Sources familiar with the situation have cited the State government's existing commitment to funding the Chennai Metro Rail's Phase 2 project as a primary reason for the delay in taking up the Airport - Kilambakkam project. With the financial resources already allocated to the ongoing Phase 2 endeavor, investment in the new expansion has become challenging. While Chennai Metro Rail's Phase 1 and its Phase 1 extension have successfully covered 54 kilometers of the city and have been operational for several years, Phase 2, spanning an extensive 116 kilometers, is currently under construction with an estimated cost of 761,843 crore. Last year, Chennai Metro Rail Ltd. (CMRL) submitted a detailed project report outlining the extension of the metro line from Chennai airport to Kilambakkam to the State government. This proposed 15.3-kilometer extension would pass through various key locations, including Pallavaram, Kothandam Nagar, Chromepet, Mahalakshmi Colony, Thiru Vi Ka Nagar, Tambaram, Irumbuliyur, Peerkankaranai, Perungalathur, Vandalur, Arignar Anna Zoo, and Kilambakkam Bus Terminus, with an estimated cost of $4,080 crore. While the financial challenges persist, the fate of the Airport - Kilambakkam project remains uncertain, pending potential future funding and developments.

Next Story
Real Estate

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Next Story
Building Material

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Next Story
Infrastructure Urban

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement