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"The project will be operated under a build, operate and transfer (BOT)
basis over a 30-year concession period."
Delhi Metro Rail Corporation (DMRC) and KMRL signed a memorandum of understanding (MoU) in
New Delhi for executing the first phase of the project from Aluva to Pettah in May 2013. According to
the agreement, DMRC will manage the technical aspects, contract orders, supervision at the project
site, procurement and construction on behalf of KMRL.
The Kochi Metro will be completed in phases. The first phase of construction began in June 2013 and
will be completed by 2016. The project will be operated under a build, operate and transfer (BOT)
basis for a 30-year concession period.
Alstom was awarded a 85m ($107m) contract to supply 25 Metropolis train sets for the Kochi Metro.
The Kerala government requested DMRC to extend the metro route to Nedumbaserry International
Airport in February 2008. The proposal was approved in April 2008.
The project received public investment board (PIB) clearance in March 2012 and union government
clearance in July 2012.
DMRC began preliminary works for the project following the clearance. Preliminary work included the
widening of three arterial roads, Banerjee Road, MG Road and South Railway Station Road, as well
as the construction of a new rail over-bridge (RoB) near KSRTC station and a foot over-bridge.
Related project
Vallarpadam Railway Link, India
The Vallarpadam railway link in Kochi, Kerala, is the longest rail bridge in India. The 4.62km rail bridge
is part of an 8.86km rail corridor connecting the International Container Transshipment Terminal
(ICTT) on Vallarpadam Island with Edappally, a suburb in Kochi city.
The Vyttila-Petta route was widened by 26m to facilitate the construction of the metro rail. KMRL
resurfaced 21 roads in Kochi to reduce traffic congestion during the metro rail construction.
Each station will also feature special facilities for the disabled, such as engraved paths and tactile tiles
for visually challenged people, toilets with wheelchair access, and Braille and auditory signals in
elevators.
"The $950m project will be operated by Kochi Metro Rail Ltd. (KMRL)."
DMRC appointed Larsen and Toubro (L&T) for the construction of the viaduct on the KalamasseryKaloor stadium stretch, in April 2013. The contract will also include construction of metro stations on
the stretch.
L&T construction unit Heavy Civil Infrastructure Business received a $155.85m contract for the project
in May 2013. The contract includes construction of elevated viaduct and elevated stations on AluvaPetta line.
L&T is responsible for a total of 12 station buildings, including six each from Aluva to Kalamassery
and Kalamassery to JLN Stadium, and an elevated viaduct in each of the two segments.
Soma Enterprises is responsible to build a viaduct and five station buildings from JLN Stadium to
Ernakulam Junction Station, while Era & Ranken (JV) will build viaduct and five station buildings from
Ernakulam Junction to Petta.
Spanish company Ardanuy Ingenieria was awarded the power supply and traction contract while DB
International was appointed as the quality and safety monitoring consultant for the project.
Alstom will supply, install and commission 25 trains for the metro. The contract also includes option to
supply an additional 25 train sets. The first set of trains are expected to be delivered in early 2016.
The Komet project will be jointly financed by the Indian Government (64.14%) and the government of
Kerala (35.86%). In 2012, he project received $180m and $320m from the central and state
governments respectively.
Japan International Cooperation Agency (JICA) provided a $400m loan for the project. AFD agreed to
provide a 25-year (including a five-year grace period) loan of $180m for the project in February 2014.
The project is expected to raise $43m from the taxes, which will be managed by the state government
with escalations.
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The foundation stone for the Kochi Metro project was laid in September 2012.