Jaipur: In its first independent project outside the National Capital Region since its inception, the Delhi Metro Rail Corp. on Thursday signed an agreement with the Rajasthan government to construct the Jaipur Metro by 2013.
The pact was signed between DMRC director Mangu Singh and Jaipur Metro Rail Corp.(JMRC) chairman and managing director G.S. Sandhu in the presence of chief minister Ashok Gehlot and DMRC managing director E. Sreedharan.
Initially, the DMRC would construct the first phase of 9.25 km long Metro corridor between Mansarover and Chandopole consisting of eight elevated and one underground station at a cost of Rs1,250 crore.
With the second phase of metro corridor connecting north-south of Jaipur, the entire cost of the project would be around Rs9,100 crore, state home minister Shanti Dhariwal said.
The Jaipur Metro will have three corridors and a total of 29 stations, which are expected to be completed by July 2013.
Addressing a press conference after the pact was inked, Sreedharan said work on the first phase would start by October-November next year.
He said the project would generate employment for daily wagers and casual labourers and provide over 500 permanent jobs after it gets completed.
Private players would be invited at a later stage for development of infrastructure, he said.
The operations of the metro rail will be managed in private partnership by JMRC under the Companies Act, 1956.
The chief minister while addressing the press meet said the increasing population of Jaipur would require rapid transportation system.
He said the present population of the Pink City might be up to 3.3 million, but by the year 2025 it might touch 8 million.