PROGRAMME OF COMPLETION:
Tentatively, Phase-1 of the project is programmed for completion in the financial year 2014-2015. The physical works are in progress.
APPROVAL OF GOVERNMENT OF INDIA:
The Government of Tamil Nadu have approved in principle the two initial corridors on 7-11-2007. The Government of India have approved the Chennai Metro Rail project on 28-1-2009.
SIGNING OF LOAN AGREEMENT WITH GOVERNMENT OF JAPAN:
The estimated base cost of this project is about Rs.14000 crores, Of this, the Central and State Governments together are expected to contribute about 41%. The balance will be met by a loan granted by the Japan International Cooperation Agency (JICA). JICA has since agreed to finance the project and the loan agreement between the Government of India and the Government of Japan was signed on 21-11-2008 at Tokyo.
APPOINTMENT OF GENERAL CONSULTANTS:
Chennai Metro Rail Limited has appointed the "General Consultants" (GC)for Phase-1 of the project on 24.02.2009. A five member consortium led by Egis Rail S.A., France have been appointed as General Consultants. The other members of the consortium are (a) Egis India Consulting Engineers Private Ltd., India, (b) Maunsell Consultants Asia Ltd., Hong Kong, (c) Balaji Rail Road Systems Ltd., India & (d) Yachiyo Engineering Co. Ltd., Japan. The General Consultants will assist Chennai Metro Rail Limited in design,supervision, quality control, safety and contract management for the project.
AWARD OF TENDERS:
Details of tenders awarded are given at the link "tenders" provided on top.
Chennai Metro Rail Limited (CMRL) has appointed Delhi Metro Rail Corporation (DMRC) as the Prime Consultant (PC) for Phase-1 of the project. The Prime Consultant will assist CMRL in an advisory role in the execution of the project.