Metro phase 4 delay will spike up the cost in crores, says DMRC

| Sunday, May 8, 2016 - 15:06
First Published |
DMRC smells rat in Metro phase 4 construction approval by Delhi govt.

DMRC smells rat in Metro phase 4 construction approval by Delhi govt.

New Delhi: With the phase-3 Metro construction in its last leg of completion, the Delhi Rail Corporation (DMRC) has warned the Delhi government that the cost of phase 4 extension will shoot up nearly by crores if the plan does not get a timely approval.
The DMRC has been seeking the approval for over a year now. Contractors, currently engaged in phase-3 work, will move out of the city soon. If the tenders are released after that, they will quote a higher amount to return to the city.
DMRC estimated Rs 55,000 crore as cost for phase-4 construction and an additional Rs. 4,000 crore for the new line proposed by the Delhi government. Officials were unable to state by how much the cost will shoot up if the project got delayed, but estimated it would be several crores.
Sources said DMRC planned to cover rural areas in phase 5, which will start in 2022. But the AAP government asked them to try to complete it by Metro work in rural areas by 2020 when the next assembly election will be held.

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