Summary:
The estimated cost of the project is Rs 816 crore, accordingly, the railway share works out to Rs 272 crore while the state government’s share is Rs 544 crore. So far, Railways has invested around Rs 580 crore. As per the initial agreement, it is a cost-sharing project i.e 1/3rd of the cost will be borne by SCR and 2/3rd of the cost will be borne by the state government. RVNL is the executing agency of the project. The president has given consent for execution of works in Defense land on Moula Ali – Sanathnagar section, but the airport connectivity issue is yet to be sorted out by the state government with GMR authorities..