The Pune metro project may follow the Mumbai model of public private partnership (PPP) which means increased involvement of the Centrein the funding process.
The recent meeting of the state urban development department (UDD) with PMC officials concluded that the Union government’s PPP model would help the Pune metro project raise the required funds.
A PMC official said that urban transport is inter-twined with urban development and is under the purview of the state government. The concerned state and the city implementing urban transport project need to work on financial model and hence the state government is tapping options for Pune metro funding.
The PPP model involving central funding has been adopted for the Hyderabad metro project (71.16 km) and Mumbai metro line 1 with length of 11.40 km and line 2 with length of 31.871 km. According to the state and PMC officials this model would help to avoid any further delay to start the project.
In June last year, the state cabinet gave its assent to the much-awaited Pune metro rail project, approving the 14.925-km elevated route from Vanaz to Ramwadi. More info