New Delhi: The Centre today approved the Rs4,676 crore metro rail connection between Howrah and Salt Lake in Kolkata, part of which will run under the Ganges.
The 13.77 km East-West Metro Corridor in Kolkata was approved by the Union Cabinet.
“I am personally very happy,” information and broadcasting minister P R Dasmunsi said after the Cabinet meeting.
Of the total distance, eight km will be underground and 5.77 km elevated on standard gauge from Howrah to Salt Lake.
The project to be implemented by a special purpose vehicle will be monitored by an Empowered Group of Ministers and a high power committee.
The metro corridor will be executed and run by a joint venture company to be formed by the Centre and West Bengal government on a 50:50 equity basis.
The minister said the project will be taken up in two phases and will be completed in six-and-a-half-years. The first stage of 5.77 km elevated section would be commissioned in five-and-a-half-years time, he added.