Centre Approves Rs 565 Crore Underground Metro Extension From Najafgarh-Dhansa bus stand

Centre Approves Rs 565 Crore Underground Metro Extension From Najafgarh-Dhansa bus stand

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New Delhi: Dhansa bus stand in the Capital will be connected by the Delhi Metro by 2020. The Najafgarh-Dhansa bus stand metro extension is expected to serve the travel needs of an additional 10,000 passengers daily and cater to the people of Nangloi, Dhansa, Bahadurgarh and adjoining areas.

As per the Urban Development Ministry, the Centre has approved the 1.18 kilometer underground metro extension from Najafgarh – Dhansa bus stand at a cost of Rs 565 crore (approx US$ 87.43 Million).

More Details:

  1.  This extension is scheduled for completion by the Delhi Metro Rail Corporation (DMRC) by 2020.
  2.  Since the area between Najafgarh – Dhansa is densely populated with substantial built up areas, the metro extension has been made underground.
  3.  The 4.5 kilometer Dwarka to Najafgarh Metro section, approved in September 2012, is likely to be completed by December this year.
  4.  Work on the Najafgarh-Dhansa bus stand extension is likely to start in July this year.

Total Cost Breakup:

  1.  The Centre will bear Rs 107 crore (approx US$ 16.56 Million) in the form of 50% equity Rs 75.50 crore (approx US$ 11.68 Million) and subordinate debt
  2.  The  JICA (Japanese International Cooperation Agency) will provide Rs 323 crore (approx US$ 49.98 Million)
  3.  The rest will be borne by the Delhi government, including equity Rs 75.50 crore (approx US$ 11.68 Million) and subordinate debt

 

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