K’taka gives nod to Rs 5,900-cr metro link to Bengaluru airport

The state cabinet of Karnataka has accorded its approval to a Rs 5,950 crore project for providing metro rail connectivity to the Bengaluru international airport.

The time frame for completing the project is 2021. The 29.62-km long Metro project that will connect Nagavara and Kempegowda International airport will have seven stations.

Speaking to reporters, Law and Parliamentary Affairs Minister T B Jayachandra said that on completion, 1.2 lakh people were projected to be benefited.

The project will be financed through Rs 1,000 crore collected by the Bengaluru International Airport Limited as Passenger Service Fee, Rs 1,350 crore from state government, Rs. 500 crore from Centre and about Rs. 3,000 crore as loan.

Image Credit : images.financialexpress.com

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