[7] It was a build-own-operate public-private partnership model between Government of West Bengal and Andromeda Technologies Pvt.
The coaches were supposed to be initially imported from Germany, and later locally produced at Titagarh Wagons, Jessop and Texmaco.
[7] But, the project was put on hold, due to lack of support from financial institution and unfavourable conditions, and Andromeda Technologies pulled out from it.
The sanction of Orange Line in 2010-11 Railway Budget, led to the end of the monorail corridor, since both had almost the same alignment.
[8][3] Scomi Engineering, expressed its intention to develop monorail system in the city, especially in New Town, with a budget of Rs.
Thus, Burn Standard was the implementation agency of the project in PPP model with Government of West Bengal, at a cost of Rs.