Trivandrum Monorail : Govt Considering SPV

The state government is considering setting up of a special purpose vehicle (SPV) for executing the mono-rail project in Thiruvananthapuram. The government will go ahead with the decision for an SPV after receiving the feasibility report being prepared by the National Transportation Planning and Research Centre (NATPAC).

“The government is thinking of setting up an SPV for implementing the monorail project. The decision in this regard will be taken soon,” transport minister V S Sivakumar told TOI.

“We are awaiting the report by the NATPAC which is expected by the end of next month. The final decision will be taken only after that,” said transport secretary K Ellangovan.

He said that the Kerala Transport Development Finance Corporation Limited (KTDFC) is liaising with the NATPAC and other agencies as the nodal agency for the project.

Following the decision to go ahead with the monorail project, the state cabinet had asked the NATPAC to prepare a feasibility report on the setting up of the monorail system. The traffic survey for the monorail project in the city, the first step in the feasibility study being carried out by the NATPAC, has been completed in the Attingal-Neyyattinkara stretch.

The 28.4-km monorail from Balaramapuram to Kazhakootam is expected to link the Technopark campus and would pass through the central railway station. The monorail stretch, which is expected to cut down the traffic woes of the city by at least 40 per cent of the current volume, is to take the Ulloor- Kesavadasapuram- Palayam- Thampanoor- Karamana- Balaramapuram route, starting from Kazhakootam.

The total budget for the project has been estimated at Rs 3,400 crore. The train, which would run on an elevated single rail as the name suggests, would comprise of four cars capable of carrying more than 200 persons at a time running at a speed of 40km/hr. The project is expected to be finished in three-years’ time once the project is cleared.

News Sourced from “The Times of India” dated 28.12.2011
Advertisements
This entry was posted in Infrastructure, Mass Transit, Projects, Transport and tagged , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s