New Delhi, June 25 (UNI) In a major boost to Pune's urban transport infrastructure, the Union Cabinet chaired by Prime Minister Narendra Modi today approved the Pune Metro Rail Project Phase-2, with an estimated cost of Rs 3,626.24 crore.



The 12 km extension, spanning two elevated corridors will connect key city areas, including fast-developing suburbs like Chandani Chowk, Bavdhan, Kothrud, Kharadi, and Wagholi, Information and Broadcasting Minister Ashwini Vaishnaw said in a media briefing here after the Cabinet meeting.



He said two new corridors will extend the existing Vanaz-Ramwadi metro line, enhancing connectivity across Pune. Corridor 2A will run from Vanaz to Chandani Chowk, while Corridor 2B will connect Ramwadi to Wagholi/Vitthalwadi.



The project will include 13 new stations, contributing to seamless public transport options for thousands of commuters. The project is set for completion within four years.



The ambitious project will be equally funded by the Central and State Governments, along with contributions from external bilateral and multilateral agencies.



Once completed, the new corridors are projected to significantly ease congestion along major arterial roads like Paud Road and Nagar Road. The Metro's integration with intercity bus services will also enhance connectivity to other cities, including Mumbai, Bengaluru, Ahilya Nagar, and Chhatrapati Sambhaji Nagar.



The projected ridership for the entire Line 2 is expected to rise from 96,000 daily passengers in 2027 to 3.49 lakhs by 2057, thus reducing road traffic and improving air quality.



Maharashtra Metro Rail Corporation Limited (Maha-Metro) will oversee the project, handling all civil, electro-mechanical, and related works.



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