It was decided to form SPV for the speedy implementation of Monorail project in Thiruvananthapuram. This was decided by the high level meeting chaired by the chief minister Shri.Oommen Chandy on 13th June 2012. It was also decided to request Delhi Metro rail Corporation (DMRC) to submit the Detailed Project Report (DPR) at the earliest. The total land to be acquired in the first phase will be 26.66 acres and this will be completed on priority basis. Invitation of Global tender and other process will be done after the SPV is registered.
News Sourced from “Kerala Kaumudi“