Punjab chief minister Parkash Singh Badal, on Tuesday, gave a go-ahead to the prestigious Ludhiana Metro project involving an investment of Rs 10,300 crore and set a five-year deadline for its completion.
The local government department and the Punjab Infrastructure Development Board gave a detailed presentation of the project before the top brass of the state government in a meeting at the chief minister's office here.
It was decided in the meeting that the land required for the execution of the project would be provided by the state government with minimal displacement of people across the city. At the same time, the emphasis will be on executing the underground Metro corridor, especially in densely populated areas, although it will be quite capital-intensive as compared to fully or partly elevated corridor, since the prime objective is to avoid undue harassment to people on account of their dislocation.
Meanwhile, the principal secretary, local government told the chief minister that the union ministry of urban development had convened a meeting to review the project for appraisal in New Delhi on July 23.
Badal also approved the proposal of the local government department for the setting up of a special purpose vehicle (SPV) for the smooth and effective implementation of the project. Badal said that in view of the traffic congestion and rising air pollution in Ludhiana, Metro was the only viable solution to provide a fast, safe and economical transport system to the people of the city.
Two corridors of the Metro covering the entire city, one from Ayali Chowk to BBMB Powerhouse and another from Gill village to the chungi on the Rahon road, will have a total length of about 29 km and 27 stations. The meeting also deliberated on the legal provisions encompassed in the Metro Railways Act, 1978, Metro Railways (Amendment) Act, 2009 and Delhi Metro Railway (Operation and Maintenance) Act, 2002.