Nagpur Metro Rail funding proposal before Standing Committee

NAGPUR: The Nagpur Municipal Corporation (NMC) standing committee will take a decision on bearing 5% of the total project cost of metro rail in a meeting on September 27. The civic body’s consent letter is very crucial to move the project further.

The standing committee will consider five proposals, including the metro rail. According to the proposal, NMC will have to bear Rs.450.35 crore of the total project cost of Rs.9,007 crore. The administration submitted the proposal to mayor Anil Sole for tabling in the general body. Mr.Sole forwarded the proposal to standing committee as the proposal is related to finance. After standing committee’s decision, the proposal will go for discussion in the general body.

Nagpur Improvement Trust (NIT) has submitted the detailed project report to the state government. The state planning department sent the report back with four queries on July 23. The first query was related to NMC’s consent to bear 5% of total project cost. NIT has to satisfy all four queries and submit the report again.

Another proposal is related to construction of sewage treatment plant on PPP model. The proposal is shrouded in controversy following a complaint and objection from MP Vilas Muttemwar on July 12. The civic chief had withdrawn the proposal from the standing committee meeting at that time. Now, the proposal will be tabled for the second time.