G.O.Ms.No.4, Chennai Metro Rail Project Phase-II Administrative Sanction, 2019
The Planning, Development and Special Initiatives (Special Initiatives) Department issued Government Order G.O.Ms.No.4 on 11 January 2019, granting administrative sanction for 52.01 kilometres of Chennai Metro Rail Project Phase-II at an estimated completion cost of Rs.40,941 crore. It covers priority stretches from Madhavaram to Sholinganallur and Madhavaram to Chennai Mofussil Bus Terminus, with assistance from the Japan International Cooperation Agency, and entrusts implementation to Chennai Metro Rail Limited.
What the government approved
The Planning, Development and Special Initiatives (Special Initiatives) Department, through Government Order G.O.Ms.No.4 dated 11 January 2019, approves two priority stretches under Phase-II of the Chennai Metro Rail Project. Together, they cover 52.01 kilometres:
- Corridor 3, Madhavaram to Sholinganallur, 35.67 kilometres.
- Corridor 5, Madhavaram to Chennai Mofussil Bus Terminus, 16.34 kilometres.
The estimated completion cost is Rs.40,941 crore. Chennai Metro Rail Limited is responsible for implementing the project.
Funding and project cost
Government Order G.O.Ms.No.4 records the following funding structure:
- State Government subordinate debt for project works, Rs.13,649 crore.
- Japan International Cooperation Agency senior term debt, Rs.20,196 crore.
- Cost excluding land, rehabilitation and resettlement, and State taxes, Rs.33,845 crore.
- State Government subordinate debt for land and rehabilitation and resettlement, Rs.5,250 crore.
- State Government subordinate debt for State taxes, Rs.1,846 crore.
- Total estimated project completion cost, Rs.40,941 crore.
The document also records that the first official development assistance loan tranche was agreed between the Government of India and the Japan International Cooperation Agency on 21 December 2018.
Loan administration and repayment
Government Order G.O.Ms.No.4 directs that external loan assistance will be credited to the Public Deposit Account of Chennai Metro Rail Limited rather than paid in cash. The Government of India will pass the loan through the State Government on the same terms and conditions as the loan agreement.
Chennai Metro Rail Limited must bear and repay the principal, interest and other charges. The Deputy Secretary to Government in the Planning, Development and Special Initiatives (Special Initiatives) Department must monitor prompt payment and provide periodic status reports to the Finance Department.
Relevance to property owners and buyers
Government Order G.O.Ms.No.4 provides project and financial approval for the two Metro corridors. It includes Rs.5,250 crore for land and rehabilitation and resettlement, but it does not identify individual properties, survey numbers or specific land acquisition proceedings. A buyer or owner cannot determine from this document alone whether a particular property is affected.
This summary is generated from the source document to help you find what is relevant. The PDF above is authoritative. For advice on your own property, use LandLens One or speak to a qualified professional.
Common questions
Which Chennai Metro routes received administrative sanction?
The sanction covers Corridor 3 from Madhavaram to Sholinganallur for 35.67 kilometres and Corridor 5 from Madhavaram to Chennai Mofussil Bus Terminus for 16.34 kilometres.
Does Government Order G.O.Ms.No.4 acquire any specific property?
The document does not identify individual properties, survey numbers or specific acquisition proceedings. It provides Rs.5,250 crore for land and rehabilitation and resettlement as part of the project cost.
Who will implement the approved Metro corridors?
The Planning, Development and Special Initiatives (Special Initiatives) Department entrusted implementation of the approved Phase-II corridors to Chennai Metro Rail Limited.
Who must repay the Japan International Cooperation Agency assisted loan?
Chennai Metro Rail Limited must bear and remit the principal, interest and other charges to the State Government account under the applicable loan terms.
