The Jammu and Kashmir administration approved a proposal for setting up the elevated light rail system in Jammu and Srinagar.
The proposal was made by the Housing and Urban Development Department. While the Light Rail Transit System (LRTS) in Jammu will have one corridor from Bantalab to Bari Brahmana with a total length of 23 km in Srinagar, it will have two corridors, including one from Indira Nagar to HMT Junction and second from Usmanabad to Hazuri Bagh, with a total length of 25 km.
The capital cost of the project at current prices including land is estimated to be Rs 4,825 crore for Jammu and Rs 5,734 crore for Srinagar. The Administrative Council has approved in-principle the engagement of Delhi Metro Rail Corporation (DMRC) for hand holding of Metro Rail Transit Corporation (MRTCs) for appraisal and approval of detailed project reports (DPRs) by the government of India and for any possible external funding. It has also authorised the Housing and Urban Development Department to submit its DPRs of the proposals to the Central government for appraisal and funding including external funding.
The project is expected to be completed by December 2024 and the expected ridership of this light rail has been estimated to be two lakh to 2.6 lakh by 2024 which is expected to increase up to 5.42 lakh by 2044 in each city.