Summary:
We have already signed agreement with JICA and now four other banks have given in principle approval. The MD also said they have sought for Central government funding for the project. It also sanctioned the first tranche of Rs 4,760.67 crore. The 52km priority corridor comprises 57 stations from CMBT to Madhavaram and Madhavaram to Sholinganallur.The remaining 55.5km stretch, for which CMRL is looking for funds, covers stretch from CMBT to Sholinganallur, Sholinganallur to Siruseri and Lighthouse to Meenakshi College. They said they have budget availability for the next 10 years for implementation of plan..