Kerala Metro to Sign agreement with Centre

Published on: 13 Mar, 2013
Published under: Kerala Business News, Kerala Travel News

Kochi
12 Mar 2013

A tripartite agreement among Kerala, the Centre and Kochi Metro Rail Limited will be signed soon for developing the long-awaited metro rail for Kerala’s commercial hub Kochi.Disclosing this, Chief Minister Oommen Chandy today said the three parties would hold equal stake in the project.

Mr Chandy said for the Kochi project the Centre had agreed to relax the existing norm that a city should have a population of at least 30 lakh for developing a metro rail with the Centre’s participation.The proposal was approved by the state cabinet, he told reporters.

Source – http://www.ndtv.com/article/south/kerala-to-sign-pact-with-centre-for-kochi-metro-341566

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