Metro Projects
62 | Article
Delhi has highest ridership trends, whereas Chennai has the lowest. It should be noted that each system has different length and urban coverage.
Metro rail system Forecast and Actual Cost
It was observed from Delhi Phase-1, that actual cost is 118 % higher than the estimated( in 2002). In phase-2 the cost is revised twice,( Rs. 8776 Cr changed to Rs. 15000 Cr). In case of Bangalore, capital cost expenditure is 59 % higher than the original cost.( Forecasted cost Rs. 8158 Cr and It reached up to Rs. 13000 Cr in 2011). The Jaipur metro system was also built 59 % more than the estimated cost, because the underground tunnels in the old city, added additional costs in project. In the implementation of Mumbai metro system, the estimated cost for line-1 was Rs. 2356 Cr., the completion cost reached more than double the amount Rs. 4321 Cr.( 85 % difference). In case of Chennai, the forecast and actual cost difference was 40 %.
The fig. 2 explains the detail components wise metro rail operation cost. It was observed that facilities management and fuel are major components of operation cost.
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