Government Of GujaratGovernment Of Gujarat

Gujarat Metro Rail Corporation (GMRC) Limited
(SPV of Government of India and Government of Gujarat)
[Formerly known as Metro-Link Express for Gandhinagar And Ahmedabad (MEGA) Company Limited]

Government Of GujaratGovernment Of Gujarat
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BUDGET ALLOCATION & EXPENDITURE

Sanctioned Project Cost is Rs.10773 Cr.

Expenditure incurred for Phase I till 30.06.2019 (Provisional & Unaudited) : Rs. 5773.42
Crore

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https://www.gujaratmetrorail.com/home/about-us/reports/

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https://www.gujaratmetrorail.com/project/project-updates/funding/

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Budget Allocation & Expenditure(PDF Link)

Gujarat Metro Rail Coporation Limited

Funding Pattern

Particulars Ahmedabad Metro Rail Project Phase-I Ahmedabad Metro Rail Project Phase-II Surat Metro Rail Project Phase-I
Equity of Govt. of India 1,990.00 991.14 1,895.24
Equity of Govt. of Gujarat 1,990.00 1,225.17 1,895.24
JICA Loan 5,968.00
AFD Loan 1,858.63 1,962.50
KFW Loan 880.75 3,471.75
Subordinate Debt (SD) from GoG 727.00 262.48 1,911.59
IDC, PPP, VCF etc. 98.00 166.00 884.00
Total Project Cost: 10,773.00 5,384.17 12,020.32




Details of Expendiure incurred till 30-06-2022

(Rs. In Crore)
Particulars Ahmedabad Metro Rail Project Phase-I Ahmedabad Metro Rail Project Phase-II Surat Metro Rail Project Phase-I
Sanctioned Project Cost 10,773.00 5,384.17 12,020.32
Expenditure incurred till 30.06.2022
(Provisional & Unaudited)
10,642.57 675.22 664.75




Ahmedabad Metro Rail Project Phase-I



(Rs. In Crore)

Name of Corridor Estimated Completion Cost

East-West Corridor (Thaltej Gam to Vastral Gam) 6,681

North-South Corridor (APMC to Motera Stadium) 3,994

Interest during construction (IDC) 98

Total 10,773





Ahmedabad Metro Rail Project Phase-II



(Rs. In Crore)

Name of Corridor Estimated Completion Cost

Motera Stadium to Mahatma Madir Corridor 4,467.75

GNLU to Gift City Corridor 842.42

Interest during construction (IDC) 74.00

Total 5,384.17





Surat Metro Rail Project Phase-I



(Rs. In Crore)

Name of Corridor Estimated Completion Cost

Sarthana to Dream City Corridor 7,386.27

Bhesan to Saroli Corridor 4,452.05

Interest during construction (IDC) 182.00

Total 12,020.32