KOCHI, Jan 25: The 16th Director board meeting of Kochi Metro Rail Ltd will be held here on January 27.
The board is considering the proposal for the extension of Phase I of the metro line from Petta to Thripunithura.
The meeting is likely to finalise the approval for availing a loan assistance of Euro 180 million from Agence Francaise de Developpement (AFD) and to authorise Managing Director to sign agreements with AFD for this purpose.
The board is also likely to give approval for the appointment of Quality and Safety Monitoring Consultants for the project, a press release said.
The board will take note of the Government Order appointing M K Sinha, Officer on Special Duty (UT), Ministry of Urban Development, Government of India, in place of C K Khaitan, as Director.
It will also discuss DMRC’s communication regarding re-tendering of contract awarded to ERA-RANKEN for the reach between Ernakulam Station and Petta (KC-5).
The board will also review the status of the project and the projection of progress in the coming days. (PTI)
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