Bengaluru Suburban rail: SWR to take over 5 projects
| Wednesday | 12th June, 2019
By Express News ServiceBENGALURU: The Railways will take over the implementation of projects to the tune of Rs 1,745 crore, which are a part of the suburban rail network for the city, rather than the Special Purpose Vehicle as planned initially.
“The SPV will go ahead with the implementation of the Rs 22,242 crore suburban railway project after a decision on the Detailed Project Report is taken by the Centre,” said a source.
The suburban project will be implemented with 20% share each by the state and the Centre and 60% mobilised via the SPV.
The B-RIDE, which is in the process of being formed under it, will carry out the suburban rail project for the city.
Garg is presently the Engineer Constructions (West) in South Western Railway.
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