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AMRC plans to invests around Rs. 6,769 Crores in Andhra Pradesh

Transport: Amaravati Metrorail Corporation Ltd (AMRC) Vijayawada metro project completion is targeted by December 2018. The phase-I project is proposed to have a 11-km corridor being divided into two parts, 5 km and 6 km. Around 75 acre of land would be required as per initial estimates for building metro depot and the stations. Centre has so far allocated only Rs 100 crore for the project in the last Budget. The state government has released Rs 300 crores for land acquisition. JICA has agreed to fund 60% of the project estimated cost at Vijayawada in Andhra Pradesh. Amaravati Metrorail Corporation Ltd has plan to invests around Rs. 6,769 Crores. For details contact: N.P. Ramakrishna Reddy, MD, 1st Floor, Jawaharlal Nehru Building Canal Road, Vijayawada Municipal Corporation, Vijayawada, Srikakulam-520001, Andhra Pradesh, Email: nprkreddy@yahoo.co.in

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