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Centre releases ₹3K cr for CMRL Phase 2 in 2025-26
The New Indian Express Madurai
|August 07, 2025
The union government has released ₹3,000 crore so far this financial year towards Chennai Metro Rail's Phase 2 project, according to a Right to Information (RTI) response accessed by TNIE.
The funds, disbursed by the Ministry of Housing and Urban Affairs as of July 28, form part of a total outlay of ₹8,445.8 crore earmarked for the project in 2025-26—the single-largest allocation for any metro project across the country this year.
The release includes the full equity contribution of ₹1,841.2 crore, ₹158.8 crore in subordinate debt, and ₹1,000 crore in pass-through assistance (PTA) from external agencies, according to the ministry's reply to RTI petitioner Dayanand Krishnan.
This story is from the August 07, 2025 edition of The New Indian Express Madurai.
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