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.