Pune Metro Line 3
Introduction and Salient Features of the Project
To effectively address traffic problems in Rajiv Gandhi IT Park, Hinjawadi and nearby areas and enable sustainable urbanization, the Pune Metropolitan Region Development Authority (PMRDA) has undertaken the development of “Pune Metro Line – 3” connecting Hinjawadi to the city center Shivajinagar under Mass Rapid Transit System.
The length of this elevated metro is 23.203 km. There are 23 stations on this route.
This is the first project to be implemented on the Public Private Partnership (PPP) basis under the Central Government’s New Metro Rail Policy, 2017 and has been undertaken on the Design, Build, Finance, Operate and Transfer (DBFOT) model.
The Project is awarded to the Joint Venture of TRIL Urban Transport Pvt Ltd and Siemens Project Ventures GmbH. A special purpose vehicle ‘Pune IT City Metro Rail Limited’ has been set up to undertake this project.
The cost of the project (including cost of land acquisition, utility shifting etc.) is Rs. 8313 crores. The metro will lead to reduction in pollution levels, prevent accidents, reduce road traffic congestion and overall improve the liability index of the city.
Key Benefits
Metro is an efficient and fast mode of transport and it would effectively address traffic snarls faced by city dwellers, working professionals, thus supporting and enabling rapid urbanization. This air-conditioned, comfortable, safe and speed mode of transport will result in significant reduction in travel time, fuel costs and travel expenses along with lowering of noise and air pollution Eventually it will help to attract more investments in the region paving way for further growth and prosperity of the region.
