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    11.25% FIRR projected for Pune Metro

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    Pune Metro plan has a projected FIRR of 11.25%
    Pune Metro plan has a projected FIRR of 11.25%

    Sudhir Krishna, Union Secretary, Union urban development department, while addressing the Sixth Urban Mobility India Conference in New Delhi, said that metros can contribute to generation of funds and announced that the Pune Metro plan has a projected FIRR of 11.25%. he also said that metro systems should no longer be looked upon as a drain on resources as metros can contribute to generation of funds.

    This assures that the city’s metro dream won’t be a white elephant. Generally, private investors look for a 15-18 % return, but in a metro, the FIRR is not more than 3 – 4 %.

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