Rail Analysis India March 2018 Digital Magazine | Page 125

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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