Union Minister Nitin Gadkari speaking at the Investorsâ€™ Meet organised by Maha Metro on Sunday asked the entrepreneurs to encash the opportunity of running Broad Gauge Metro. He said the aim is to inter-link satellite cities in region with Nagpur. Private companies should step forward to run BG metro as investors will get tremendous benefit. The project will be financially viable and replicated across the country, said the Minister. The programme was organised at South Airport Metro station.
BG metros will connect satellite towns like Katol, Bhandara, Wardha, Amravati, Narkhed, Ramtek, and Wardha to Nagpur. The cost of such coaches will be around Rs 30 crore and interest subvention and other financial assistance will also be made available to investors through Union Ministry of MSME for purchase of the metro. These Metro will have economy and business class, entertainment and catering facilities. The rights to sell advertisements, catering and other entertainment facilities will be vested with the private investors. Gadkari said that this metro project would start in a year. Merging of Standard Gauge Metro, Broad Gauge Metro and Nagpur Bus Facility will boost inter-connectivity with Kamptee, Khapri, Butibori, Itwari, Kalamna stations on lines of Mumbai local. Entrepreneurs of Vidarbha would be preferred so that the locals can get employment.