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Kerala floats new company for mono rail projects

Kerala,Business/Economy, Thu, 06 Dec 2012 IANS

Kochi, Dec 6 (IANS) Kerala Mono Rail Corporation, a new company, has been floated to implement two separate mono rail projects - one at Thiruvananthapuram and another at Kozhikode, said Chief Minister Oommen Chandy Thursday.

"The detailed project report for the land acquisition has been submitted by the government," said Chandy while inaugurating the Infrastructure Conference (IC) 2012 here.

Ruling out all speculations about the Kochi Metro, Chandy said the Delhi Metro Rail Corporation will definitely take up the proposed project and its former chief E. Sreedhaaran will be heading it.

"Infrastructure possibilities should be explored to the maximum for all-round development in the state and today's conference is the step towards that. Infrastructure development will be done keeping in mind the environment aspects," he added.

To make things smooth and to achieve speed in the public works department, its four-decade-old manual has been now revised.

"The state government has granted Rs.4,692 crores for upgradation and rehabilitation of 1,204 km of selected roads in the state," said PWD Minister V.K. Ebrahim Kunju.

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