State seeks funds for Chennai Metro Phase II

The Government of Tamil Nadu has sought funds from the Union Government for implementation of the Chennai Metro Rail Project Phase-II. As per the request, the state and the Centre are likely to fund in the ratio 50:50. Currently, the project is funded by the state government. The project involves the development of 118.9-km three metro corridors (corridor III, IV and V) in Chennai city of Tamil Nadu. It is mostly underground with an elevated section confined to a few short stretches and consists of 128 stations in total.