The Ministry of Housing and Urban Affairs (MoHUA) has granted in-principle approval of underground stretches of phase I of Chandigarh, Panchkula, and Mohali (Tricity) metro project. The underground stretches are proposed from PGI to Transport Chowk on corridor I and Sukhna Lake to Sector 43 on corridor II.
Besides, the cost for the project is likely to increase by Rs 80 billion making the new cost Rs 190 billion. The funding for the project will be done 20 per cent by the Government of Haryana (GoH) and the Government of Punjab (GoP), 20 per cent by the Central Government and the remaining 60 per cent by lending agencies.
Phase I will involve three corridors namely, corridor I (34 km) spans from Sultanpur, New Chandigarh to Sector 28, Panchkula; corridor II (41.2 km) spans from Sukhna Lake to Interstate bus terminus (ISBT) Zirakpur via ISBT Mohali; and corridor II (13.3 km) spans from Grain Market Chowk to Transport Light Chowk, Sector 26, UTR. Phase II will have two corridors namely, Airport Chowk to Manakpur Kallar (5 km) and ISBT Zirakpur to Pinjore (20 km).
