Cabinet Approval 16th August 2024 All MoU and Agreements with Details

Cabinet Decision/Cabinet Approval 16th August 2024 All MoUs Agreements List. Union Cabinet Approval 16th August 2024 All MoU and Agreements with Details Given Below:

Cabinet Approval 16th August 2024 All MoU and Agreements with Details

Cabinet Approval 16th August 2024 All MoU and Agreements

The Union Cabinet, chaired by the Prime Minister Narendra Modi approved 16th August 2024 All MoU and Agreements with Details Given Below:

Cabinet approves Pune Metro Phase-1 project extension

The Union Cabinet, chaired by the Prime Minister Narendra Modi approved the Swargate to Katraj Underground Line Extension of the existing PCMC-Swargate Metro Line of Pune Metro Phase-I project.

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This new extension is known as the Line-l B extension and will span 5.46 km and will include three underground stations, connecting key areas such as Market Yard, Bibwewadi, Balaji Nagar, and the Katraj suburbs.

The project, aimed at providing seamless connectivity in Pune, is set to be completed by February, 2029.

The estimated cost of the project is Rs.2954.53 crore, with funding to be equally shared by the Government of India and the Government of Maharashtra, along with contributions from bilateral agencies, etc.

Cabinet approves Thane integral Ring Metro Rail Project

The Union Cabinet, chaired by the Prime Minister Narendra Modi approved the Thane Integral Ring Metro Rail Project corridor, Maharashtra.

The 29-km corridor will run along the periphery of the west side of Thane city with 22 Stations. The network is encompassed by Ulhas River on one side and Sanjay Gandhi National Park [SGNP] on the other.

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Thane integral Ring Metro Rail Project Project Cost 

The estimated cost of the project is Rs.12,200.10 crore, with equal equity from Government of India and Government of Maharashtra as well as part-funding from bilateral agencies. 

Funds would also be raised through innovative financing methods such as by selling Station naming and access rights for corporate, monetization of assets, Value Capture Financing route.

The corridor that connects major business hubs would provide an effective transport option for large section of employees. The Project is likely to be completed by 2029.

Cabinet approves two corridors of Bangalore Metro Rail Project Phase-3

The Union Cabinet, chaired by the Prime Minister Narendra Modi approved the Phase-3 of Bangalore Metro Rail Project with two elevated corridors for a length of 44.65 Km with 31 stations.Corridor-1 from JP Nagar 4thPhase to Kempapura (along Outer Ring Road West) for a length of 32.15 Km with 22 stations and Corridor-2 from Hosahalli to Kadabagere (along Magadi Road) for a length of 12.50 Km with 9 stations.

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On operationalization of Phase-3, Bengaluru city will have 220.20 Km of active Metro Rail Network. The total completion cost of the project is Rs.15,611 crore.

Cabinet approves development of new Civil Enclave at Bagdgora Airport, West Bengal

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the proposal of Airports Authority of India (AAI) for development of New Civil Enclave at Bagdgora Airport, Siliguri, West Bengal at an estimated cost of Rs.1549 crore.

The proposed Terminal Building spans 70,390 sqm and is designed to accommodate 3000 Peak Hour Passengers (PHP), with an annual capacity to handle 10 million passengers. 

Key components of the project include the construction of an Apron capable of accommodating 10 parking bays suitable for A-321 type aircraft, as well as two link taxiways and Multi-Level Car Parking. Emphasizing environmental responsibility, the Terminal Building will be a Green Building, integrating renewable energy sources and maximizing natural lighting to minimize ecological footprint.

Cabinet approves Development of New Civil Enclave at Bihta, Bihar

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the proposal of Airports Authority of India (AAI) for development of a New Civil Enclave at Bihta, Patna, Bihar at an estimated cost of Rs.1413 crore.