
DMRC which operates under Union Urban development Ministry will also bid for the project along with others when the tenders are called. Since Chandrababu Naidu is very much impressed with former MD of DMRC E Sreedharan, the government could finalize DMRC as a single tender company. Controversies are less likely since it is owned by the Union government.
It is reliably learnt that the project will cost 7,500 crore in the first phase at nearly Rs. 288 crore per km according to project estimates.The project design will be for a 26-km stretch covering both Bandar and Eluru Roads, connecting key junctions and with 21 intermediate stations. In the second phase, the Metro project will be extended to Thullur, the proposed Capital of Andhra Pradesh.
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