New Delhi, Aug 16 (UNI) The Union Cabinet, chaired by the Prime Minister Narendra Modi, on Friday approved the Swargate to Katraj Underground Line Extension of the existing PCMC-Swargate Metro Line of Pune Metro Phase-I project.
This new extension is known as the Line-l B extension and will span 5.46 km and will include three underground stations, connecting key areas such as Market Yard, Bibwewadi, Balaji Nagar, and the Katraj suburbs.
The project, aimed at providing seamless connectivity in Pune, is set to be completed by February, 2029, an official statement said after the meeting adding the estimated cost of the project is Rs 2954.53 crore, with funding to be equally shared by the Government of India and the Government of Maharashtra, along with contributions from bilateral agencies, etc.
The project will be executed by Maha-Metro, which will oversee civil, electro-mechanical, and other associated facilities and works. Maha-Metro has already begun pre-bid activities and is preparing tender documents, with contracts expected to be floated for bidding shortly.
This strategic expansion is expected to unlock Pune’s economic potential, providing a significant boost to the city’s infrastructure and contributing to its sustainable development, the statement said.
