Pune Metro Line 3 Concession Agreement

The Pune Metropolitan Region Development Authority (PMRDA) has entered into a formal concession agreement for the third project of the Pune (Hinjawadi- Shivajinagar) metro line. The agreement was signed with the consortium of TRIL Urban Transport (a subsidiary of Tata Realty and Infrastructure) and Siemens Project Ventures. The geotechnical study of the line, dubbed Puneri Metro, began in June 2019, was halted in March due to the COVID 19 blockade, and resumed in May 2020. The contract for the construction and operation of this line on the model of the public-private partnership (PPP) has already been awarded on 3 October 2018 by the Pune Metropolitan Region Development Authority (PMRDA) to a consortium consisting of TRIL Urban Transport (a Tata Group company) and Siemens Project Ventures. The 74:26 percent consortium (Tata Realty and Infrastructure; and Siemens Project Ventures) will take over part of the profits for the first 20 years, then part with part of the 21st year in its 35-year contract. Earlier this month, the Maharashtra government approved the transfer of 7.14 hectares from the milk development department to install a casting site in Shivajinagar. However, the land for the line`s train maintenance depot at Maan Village, south of Megapolis Circle, has not yet been acquired by private owners. In a special ceremony in Pune, Chief Vikram Kumar signed this important agreement on behalf of the PMRDA. Officials from the state government, PMRDA, Tata and Siemens were present at the event. The state-of-the-art 23.3 km metro corridor would provide commuters with efficient transportation, easy travel, a significant reduction in travel time between Hinjawadi and Shivajinagar, seamless door-to-door comfort and many other benefits. Vikram Kumar, Metropolitan Commissioner, PMRDA, said: “The project will be completed within three years of the date of the appointment and the utmost care will be taken to ensure that the impact on vehicle movement is minimal during the construction phase of the project. PMRDA, in agreement with Tata and Siemens dealers, other government and local agencies, has already planned alternative routes and diversions.

We have started acquiring land in Maan Village for Metro Car Depot and there are 23 proposed stations. The development of the Metro Line 3 project has played an important role as a catalyst for achieving the vision of the establishment of the Authority. This Metro project will save time in covering the distance between Hinjawadi and Shivajinagar. In addition, this project will reduce the number of private vehicles on the road and thus help reduce CO2 emissions and pollution. In addition to the Denmetro projects, PMRDA is leading other major infrastructure projects, such as Pune Mumbai Hyperloop, Ring Road, which are important for regional connectivity and overall development in the region. 1. When will the first section of Metro Pune enter service? The union`s minister, Javadekar, announced in February that a 12 km line would be commissioned by March.