The Maharashtra government has approved ₹ 180 crore in fresh funding for three Pune Metro expansion corridors in the 2026-27 financial year, including ₹ 100 crore in equity and ₹ 80 crore as an interest-free subordinate loan for the Swargate-Katraj corridor. The state urban development department issued a directive regarding these decisions on September 18.
Maha-Metro officials said that funds are released in phases and would be utilised for priority works to expand Metro connectivity to more parts of Pune and Pimpri-Chinchwad. The government order states that the subordinate loan will be repaid in a single instalment after repayment of the main loan taken for the project. The loan is currently interest-free. If interest becomes applicable in future, the amount will be recovered from Maha-Metro along with applicable interest. The second government resolution (GR) concerns extensions of the existing Vanaz-Ramwadi Metro corridor. It covers Vanaz-Chandni Chowk Corridor 2A and Ramwadi-Wagholi/Vitthalwadi Corridor 2B. The latest funding is part of the state government’s financial support for the expansion of Pune’s Metro network. The GR directs Maha-Metro to maintain separate accounts for funds received from the Centre, the state government, and the Pune Municipal Corporation.
The Vanaz-Chandni Chowk and Ramwadi-Wagholi extensions will receive ₹ 20 crore as equity contribution. Maharashtra Metro Rail Corporation Limited (Maha-Metro) is implementing the Swargate-Katraj Metro corridor, which has an approved project cost of ₹ 2,954.75 crore, as a fully underground extension. The state government has committed ₹ 397.83 crore as its equity contribution towards the project. The government also approved an ₹ 80 crore interest-free subordinate loan for the Swargate-Katraj project, sanctioning a total subordinate loan of ₹ 322.10 crore for the project. With the latest release, the total subordinate loan disbursed will reach ₹ 160 crore. The combined project has a revised approved cost of ₹ 3,626.24 crore. The state government has committed ₹ 479.71 crore as its equity contribution. The order approves ₹ 20 crore from the 2026-27 budget as the state’s equity contribution. With the latest release, the total state equity disbursed for the two extensions will rise to ₹ 80 crore. The state had released ₹ 60 crore on June 19, 2026.
