The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved Patna Metro Rail Project having two Metro Rail Corridors,namely (i) Danapur to Mithapur (ii) Patna Railway Stationof New ISBT at an estimated cost of Rs.13365.77 crore.
Project Details:
Patna Metro Project Highlights:
The approved corridors will be having Multimodal Integration with Railway Stations &ISBT Station and will have feeder network of Bus, Intermediate Public Transport (IPT) and Non Motorised Transport (NMT). The Project will have non-fare box revenue from rental & advertisement as well asValue Capture Financing (VCF) through mechanism of Transit Oriented Development (TOD) and Transfer of Development Rights (TDK).
The residential areas along thisMetro Rail corridorsshall be immensely benefitted by this project, as the people of these areas will be able to travel on trains from their own neighborhoods to reach different areas of the city conveniently.
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