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Maharashtra Panel Approves Two Pune Metro Phase 2 Corridors

Funding relies on a 20-20-60 model with most costs financed through loans.

Overview

  • Chaired by Chief Minister Devendra Fadnavis, the state cabinet infrastructure committee cleared the HadapsarLoni Kalbhor and Hadapsar Bus Depot–Saswad Road lines on November 4, as announced by Deputy Chief Minister Ajit Pawar.
  • The elevated spur corridors span 16 km with 14 stations and are estimated to cost ₹5,704 crore.
  • Maha-Metro will execute the projects as part of the Khadakwasla–SwargateHadapsarKharadi network in coordination with PMRDA.
  • PMC’s role is limited to facilitating land acquisition of about ₹3.6 crore, with no guarantee for loan repayment.
  • Next steps include issuance of a state government resolution followed by central clearances from the Gati Shakti Ministry and the Public Investment Board, with officials citing expected relief on the PuneSolapur corridor.