i. Phase-1 will cover a length of 35.96km along two corridors viz. North-South Corridor covering 15.42 km from APMC to Motera Stadium and East-West Corridor covering 20.54 km from Thaltej Gam to Vastral Gam.
ii. Total project cost of Rs.10,773 crore with Govt. of India contribution of Rs. 1,990 crore in the form of equity and subordinate debt.
iii. Project to be implemented by Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) Company Ltd., which will be converted into a 50:50 jointly owned company of the Government of India and Govt. of Gujarat.
iv. Project to be covered under the legal framework of the Metro Railways (Construction of Works) Act, 1978; the Metro Railways (Operation and Maintenance) Act, 2002; and the Railways Act, 1989, as amended from time to time.
The proposed two alignments are expected to provide much needed connectivity to the commuters and would traverse through some of the densest and traffic congested areas of Ahmedabad. It will considerably reduce traffic congestion and will bring in fast, comfortable, safe, pollution-free and affordable mass transportation system for the people of Ahmedabad. This would in turn contribute to further development and prosperity of the area. Development and prosperity of Ahmedabad will also contribute to the prosperity and development of the nation.
The Ahmedabad Metropolitan Area, which has a population of 6.3 million will be benefitted.
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Out of the total project cost of Rs.10,773 crore, the Government of India will contribute Rs. 1,990 crore in the form of equity and subordinate debt.
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