A consortium of Tata Realty and Infrastructure Urban Transport and Siemens Project Ventures GmbH has won the contract to develop the Pune metro rail project's Line-3, the two companies stated.
"(We have) been awarded the contract by Pune Metropolitan Region Development Authority," the two jointly said.
The 23.3-km elevated line will originate from Hinjewadi Rajiv Gandhi Infotech Park and go via Balewadi to Shivajinagar. With 23 stations, it will be the country's first metro rail project on a public-private-partnership model to be developed after the New Metro Rail Policy of 2017, said the statement.
Construction is expected to commence by June