RailEnquiry

MUMBAI: The state cabinet is expected to discuss a proposal for approval to the first Metro rail outside the Mumbai Metropolitan Region. Approval for the Rs 2,593-crore Vanaz to Ramwadi route of the Pune Metro will be taken up. While the consultants have proposed an elevated corridor, demands to opt for an underground route have been made from certain quarters.As per the financial model, the state will bear 20% (Rs 519 crore) of the project cost, the centre would share another 20% (Rs519 crore), the Pune Municipal Corporation will contribute 10%(Rs 259 crore), whereas the remaining 50% (Rs 1296.50 crore) will be raised using other sources. A fare ranging from Rs 7 to Rs 24 has been proposed for the route. An in principal nod for the same will also be sought.