Pune, 5th November 2023: In a significant stride forward for the Hinjawadi to Shivajinagar metro project, the Pune Metropolitan Region Development Authority (PMRDA) has secured a substantial financial boost with the allocation of Rs 410 crores from the central government. The ambitious metro venture, encompassing a 23-kilometer stretch from Maan-Hinjawadi to Shivajinagar, including a total of 23 stations, operates on the Public Private Partnership (PPP) model and comes with a project cost of Rs 8,313 crores. The dedicated Pune IT CT Metro Rail Limited has been established to oversee the successful execution of this transformative project. The central government’s contribution of Rs 1,225 crores further propels the metro initiative, with the recent disbursement of Rs 410 crores marking a crucial milestone for PMRDA.
The relentless efforts of PMRDA Commissioner Rahul Mahiwal and Chief Engineer Rinaj Pathan played a pivotal role in securing this funding. Following intensive pursuits by the central government’s finance department, PMRDA successfully received the allocated Rs 410 crores, injecting renewed vigor into the metro project.
A recent survey has revealed that approximately 14 lakh citizens travel daily within the vicinity of this metro line. With 23 strategically located stations, including key interchanges at Shivajinagar and Civil Court, commuters will enjoy seamless connectivity across different parts of the city through Mahametro. The projected travel time from Hinjewadi to Shivajinagar is a mere 35 minutes, promising substantial time savings for the city’s residents.
PMRDA has reported that approximately 50 percent of the project work has already been completed, highlighting significant progress. Expressing optimism, Rahul Mahiwal, Commissioner of PMRDA, stated, “The receipt of Rs 410 crores in funding from the central government will accelerate the pace of the Hinjawadi to Shivajinagar Metro project, contributing to its early completion.”
