Pune : Policenama online – The metro corridor from Hinjewadi to Shivajinagar will be developed by TRIL Urban Transport Private Limited (a Tata group company) and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services ) under a public private partnership route.
The joint venture has formed a special purpose company called Pune IT City Metro Rail Limited. This will be an elevated metro line connecting Hinjewadi Rajiv Gandhi Infotech Park to Shivajinagar via Balewadi covering a distance of 23,3 kms with 23 stations. This will be the first metro project under New Metro Rail Policy.
The contract for electrical and mechanical system works of the project by Pune IT City Metro Rail Limited has been given to the consortium between Siemens AG, Siemens Mobility GmbH, Siemens Limited and Alstom Transport India Limited. The work is to be completed in 39 months. Siemens Limited will provide project management, turnkey electrification, signaling, communication and depot works (equipment). The order size of Siemens Limited is to the extent of Rs 900 crore (approximately).
“We are thankful to Pune Metropolitan Region Development Authority for awarding this project to us. Siemens is a leader in providing state-of-the-art metro rail solutions globally. Pune Metro is a prestigious project and Siemens is glad to be partnering with the Tatas to jointly develop this project. We are confident that the new metro line will play a key role in positively impacting the quality of life of Pune’s citizens to transform their everyday life,” said Sunil Mathur, Managing Director and Chief Executive Officer of Siemens Limited.
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