DMRC submitted the DPR as per the revised Metro Policy-2017The ‘reworked’ Detailed Project Report (DPR) for the Light Metro proposed for cities of Thiruvananthapuram and Kozhikode has got the approval of the Kerala Rapid Transit Limited (KRTL), the spv set up to execute the MRTS project, after a delay of 35 months. The Peak Hour Peak Direction Traffic (PHPDT) for Thiruvananthapuram is 10,000 while for Kozhikode it is 6,000, as per the revised DPR, the DMRC says. Before placing it in the KRTL board, the revised DPR was scrutinised by a high-level committee comprising the Principal Secretaries of Finance, Public Works, Transport, Law, LSGD, and the MD, KRTL. The 17.99% Economic Internal Rate of Return (EIRR) for Thiruvananthapuram project and 17.39% for Kozhikode have also gone up. The reworked DPR was made an essential component for seeking Central assistance as per the Metro Rail policy.

Source: The Hindu November 15, 2020 14:51 UTC