Maharashtra government releases equity funds for Nagpur Metro Phase-2 expansion project worth ₹6,708 crore

June 29, 2026 Headlinesnews

The Maharashtra government has released another Rs 30 crore towards its equity contribution for the Nagpur Metro Phase-2 project, taking its total funding support to Rs 607 crore.

The latest allocation means the state has now contributed more than 60 per cent of its committed equity share of Rs 998.20 crore under the tripartite agreement signed with the Centre and Maharashtra Metro Rail Corporation Limited (MahaMetro) in September 2023.

The fresh funding has been sanctioned from the 2026-27 state budget as an unconditional equity contribution and is expected to support the project’s ongoing civil works.

Earlier contributions included multiple instalments released between October 2023 and 2025, while the remaining Rs 391.20 crore is yet to be disbursed.

Nagpur Metro Phase-2 is steadily progressing across its 43.8 km network comprising 32 stations spread over four corridors connecting Kanhan, Hingna, MIDC ESR and Transport Nagar.

The project, originally estimated at Rs 6,708 crore, is now expected to exceed Rs 7,000 crore following the recent approval of a 1.4 km extension of the Kamptee corridor beyond the Kanhan River into Kanhan town.

The Maharashtra Cabinet’s infrastructure committee recently cleared the extension proposal, which will add a 13th station to the corridor.

The proposal has now been forwarded to the Union Ministry of Housing and Urban Affairs for final approval, after which construction is expected to begin.

Construction activity across the network has also gathered momentum. Land acquisition has crossed the halfway mark, with more than 50 per cent of the required 9.04 hectares already acquired or under processing.

MahaMetro has secured permission to begin work on nearly 80 per cent of the required land parcels, including defence land, significantly reducing the risk of project delays.