Insta
Public Investment Board Approves Ghaziabad Metro Extension Project; Revised Estimate Cuts Down Cost By Rs 400 Crore
(Photo by Burhaan Kinu/Hindustan Times via Getty Images)
The Ghaziabad Development Authority (GDA) has said, on 11 January (Friday), that the Public Investment Board has approved the 9.41-km Metro extension project in Ghaziabad.
The project will connect the Rithala-Dilshad Garden Line to Ghaziabad’s New Bus Stand and the 9.41 km network will have eight stations at Rajendra Nagar, river Hindon, Arthala, New Bus-Stand, Shyam Park, Shaheed Nagar and Mohan Nagar, reports Metro Rail News.
It has been conveyed to the GDA that the revised completion cost of the project is close to Rs 1,805 crore, instead of the earlier estimated cost of Rs 2,210 crore. The amended cost included a lesser share of Delhi Metro Rail Corporation (DMRC) of Rs 272 crore and Center's share of Rs 330 crore.
“The final approval by the Center will help us get the pending share. The project has been approved by the Board and has been forwarded to the Cabinet without any objections and with a recommendation for funds from the Center,” said GDA vice chairperson, Kanchan Verma.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
