Kochi: For each day that the Kochi Metro Rail project gets delayed, the cost of the project goes up by Rs 40 lakh, project head E Sreedharan said here on Tuesday. The Metro Man blamed the bureaucrats for the indefinite procedural delay. It is not the politicians but the bureaucrats who are responsible for the delay, he said.
Sreedharan pointed out that the project has still not been officially handed over to the Delhi Metro Rail Corporation (DMRC). Unless the project is handed over to us, it will not be possible to float the tenders or begin the work on the metro, he said. Once the project is handed over to the DMRC, within one week we can float the tender for the project, he said.
Already there are concerns about the sustainability of the project which is currently estimated to cost Rs 5,182 crore. "When we submitted the report on the Kochi Metro, the project cost was just Rs 2,250 crore but due to the delay of seven years in the approval of the project, the cost has more than doubled, making it almost non-viable, he said.
If the project was approved on time, the Kochi Metro would have been running by now, he said. Since the Kochi Metro Rail Limited has been reconstituted and the govt is committed to the project, we hope the procedures will be speeded up, he said....more
01:03 PM, Sep 05, 2012
Thiruvananthapuram: Scotching all rumours, Power and Transport Minister Aryadan Mohammed told the Assembly in categorical terms on Thursday that the Delhi Metro Rail Corporation and Metro Man E Sreedharan, its consultant and former chairman, will be in charge of the Kochi Metro rail project. It was a state cabinet decision and the propaganda to the contrary is not at all true, replied Aryadan when Opposition Leader V S Achuthanandan raised...
12:29 PM, Jul 06, 2012
New Delhi: The man who gave the Metro Rail to Delhi, E Sreedharan, retired on Saturday. On his last day at work, he said, "It was a very glorious journey for me. We started with nothing and we produced hundreds of kilometres for the Delhi Metro." "It was a very satisfying experience," he added. ...
09:10 AM, Jan 01, 2012
New Delhi: E Sreedharan will retire as DMRC chief on Saturday and hand over reins to colleague Mangu Singh after a highly successful 16-year tenure during which he transformed the capital's transport sector through Metro. 79-year-old Sreedharan, who joined the Delhi Metro Rail Corporation in 1995, will formally hand over charge to Singh, a veteran Civil Engineer, on Saturday evening at a brief ceremony at the 'Metro Bhawan' in New...
03:36 PM, Dec 30, 2011