On Sunday the 24th of November, Andhra Pradesh Chief Minister formally inaugurated the work to set up launching girders on to the Metro rail pillars, by starting the hydraulic cranes.
The 72-km stretch of elevated metro rail will have 66 elevated Metro stations and by 2017 it will be functional and the trials will be performed by the end of 2014. The first stage of the project is to be commissioned in 2015. The estimated cost of the project is, reportedly, Rs.16,375 crore.
Sources say efforts are being made to close the project timely. If delayed even by one day, the government has to pay a penalty of Rs.32 lakh and if the L&T delays for one day they will have to pay a penalty of Rs.64 lakh.
The Metro Rail has three corridors namely, Corridor I (Miyapur to L.B. Nagar), Corridor II (J.B.S. to Falaknuma) and Corridor III (Nagole to Shilparamam). These three high density corridors would carry 15 lakh commuters every day.
The minimum fare for metro rail would be Rs.8 and maximum would be Rs. 19. Metro Rail is likely to make the city a place of global standards. Till the time of construction is completed, road users will have to face a little inconvenience.