Asianet NewsableAsianet Newsable

Karnataka govt signs agreement with KFW bank for Bengaluru sub-urban railway project

The Bengaluru Sub Urban Railway Project, with an estimated cost of ₹4561 crores, aims to enhance commuter experience and alleviate traffic congestion. A collaboration between the Karnataka government, KFW Bank, and the central government, it comprises four corridors spanning 148 kilometers, serving 58 stations, and is scheduled for completion by 2027.

Karnataka govt signs agreement with KFW bank for Bengaluru sub-urban railway project vkp
Author
First Published Feb 9, 2024, 1:27 PM IST

The eagerly anticipated Bengaluru Sub Urban Railway Project has taken a leap forward with the official signing of an agreement between the Karnataka government and KFW Bank. With a cost estimate of ₹4561 crores, this ambitious project aims to revolutionize the city's commuter experience and alleviate the perennial issue of traffic snarls.

During a press conference, Infrastructure Development Minister MB Patil highlighted the significance of the agreement, emphasizing its role in addressing the burgeoning transportation needs of Bengaluru. He revealed that the project, initially approved in 2021, encompasses the development of sub-urban rail corridors spanning four sectors, promising improved connectivity and convenience for approximately 10 lakh passengers daily.

Bengaluru sub-urban railway: K-Ride seeks approval from SWR to extend project to outer districts

The funding structure of the project entails a collaborative effort, with the state and central governments each contributing 20% of the total cost, while the remaining finances are being arranged through the bank. This inclusive approach reflects a concerted effort to ensure the timely and efficient execution of the project, crucial for curbing traffic congestion in one of the world's major cities.

Scheduled for completion by 2027, the Bengaluru Sub Urban Railway Project is set to comprise a total length of 148 kilometers, serving commuters across 58 strategically located stations. The four identified corridors - Bengaluru to Devanahalli, Chikkabanavara to Benniganahalli, Kengeri to White Field, and Heelalige to Rajanakunte - are poised to enhance connectivity and accessibility for residents and visitors alike.

Follow Us:
Download App:
  • android
  • ios