Kochi Metro board fails to decide on executing agency
Kochi: Kochi Metro Board Friday failed to take a decision on the agency which would execute the Rs 5,181 crore project, the foundation stone of which was laid by Prime Minister Manmohan Singh last month.
The board, which met here Friday, was expected to take a call on the executing agency and legal issues that are reportedly delaying handing over of work to Delhi Metro Rail Corporation.
The meeting was attended by Urban Development secretary Sudheer Krishna, who is also DMRC and Kochi Metro chairman, state Chief secretary K Jayakumar and seven other members.
A DMRC board member told the meeting that DMRC will not take any work outside Delhi without the board's permission.
The Kochi Metro board's next meeting is likely on November 15.
The board decided to ask DMRC if it was agreeable for them to take up the Kochi Metro work.
Later briefing reporters, Sudheer Krishna said the target is to give 'most efficient' metro to Kochi.
The vision of the Detailed Project Report, prepared in 2005 and updated last year, needs to be 'revisited'. We want to give state-of-the-art facility for Kochi Metro, he said.
The work of revision of DPR was initially taken up with Bangalore Metro, which agreed to do it free of cost, he said.
Krishna said the DPR was taken up for discussions at the meeting. Issues relating to the Powerline whether it should be overhead or beneath the tracks was also discussed.
"The DPR, written in 2005, and updated in 2011, has to be revisited. Kochi Metro will be technologically superb and most efficient," Krishna said, adding the board was quiet conscious of the time line.
When pointed out that time delays would result in further cost escalation, he said: "We cannot be oblivious to technology options. We cannot rush to a project to meet the hurdles of regulatory requirement. We are keen that speedy implementation with sustainable operations."
Chief Secretary K Jayakumar said they have informed the board of the state government's stand that it is keen that DMRC takes up execution of the project. The government has not backtracked, he said.