Kozhikode: The railway budget has allocated two new lines for Malabar with Rs 6,000 crore for Nilambur-Nanjangud line and Rs 400 crore for Kannur-Mattannur line connecting Kannur airport.
Both the allocations are made under Extra Budgetary Resources (EBR) partnership mode which means both the state government and the union government have to bear the cost through the formation of a Special Purpose Vehicle (SPV).
For the Nilambur-Nanjangud line, survey has already been done but the intervention of Metroman E. Sreedharan has resulted in the recent decision of Union railway ministry to conduct a re-survey.
The route mooted by Mr Sreedharan had reduced the distance between Nilambur and Nanjangud from 236 km to 156 km. The cost also came down from the previous Rs 4,266 crore to Rs 2,200 crore.
26/02/16 Deccan Chronicle
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Both the allocations are made under Extra Budgetary Resources (EBR) partnership mode which means both the state government and the union government have to bear the cost through the formation of a Special Purpose Vehicle (SPV).
For the Nilambur-Nanjangud line, survey has already been done but the intervention of Metroman E. Sreedharan has resulted in the recent decision of Union railway ministry to conduct a re-survey.
The route mooted by Mr Sreedharan had reduced the distance between Nilambur and Nanjangud from 236 km to 156 km. The cost also came down from the previous Rs 4,266 crore to Rs 2,200 crore.
26/02/16 Deccan Chronicle
