Ghaziabad Development Authority to give presentation on city’s 9.41 km metro rail project

Ghaziabad Development Authority to give presentation on city’s 9.41 km metro rail project

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New Delhi: Officials of the Ghaziabad development authority (GDA) will give a presentation on city’s 9.41 kilometer metro rail project before Uttar Pradesh (UP) CM Yogi Adityanath during a review meeting today. The officials are concerned about the funds crunch marring the project and hope that the CM will help remove the hurdles. Most of Uttar Pradesh ministers will also be present during the presentation. The 9.41 kilometer metro rail line is under construction on an elevated section from Dilshad Garden in Delhi to New bus stand in Ghaziabad.

More Details:

  1.  The project is pegged at Rs 2,210 crore (approx US$ 347 Million) and various UP agencies, including GDA, have to pay a share of Rs 1,479.6 crore (approx US$ 230.2 Million) in a specified ratio.
  2.  The remaining amount is to be paid by the Central government & DMRC (Delhi Metro Rail Corporation).
  3.  Of the Rs 1,479.6 crore (approx US$ 230.2 Million), the GDA has paid a majority of its Rs 695.8 crore (approx US$ 108.3 Million), but funds from other departments are still awaited.
  4.  SK Dwivedi, chief engineer, GDA, said,“During the presentation, the issue of the contribution not received from other agencies so far will be put up. The issue of the adjustment of Ghaziabad municipal corporation’s share will also be highlighted. There will also be a request to expedite the clearance of the revised DPR (Detailed Project Report) by the UP cabinet.”
  5.  Its major share of funds of nearly Rs 200 crore (approx US$ 31.1 Million) can be adjusted by the GDA on account of corporation land acquired previously, the corporation said.
  6.  However, for this transfer of money towards the metro rail project, a change in govt order is needed, which is pending with the state revenue department.
  7.  Apart from this, the GDA has received Rs 50 crore (approx US$ 8 Million) from Avas Vikas & another Rs 3.3 crore from UPSIDC so far as their share towards the project.
  8.  Further, the project will become eligible for a grant of Rs 402.4 crore (approx US$ 62.6 Million) from the Central government if the UP cabinet clears the revised DPR and the officials are hoping to convey that to their audience.
  9.  Dwivedi added,“Our senior officials will put the issues related to the project before the CM. We hope they will be resolved soon. This will help us expedite the project by the end of 2017 as against the scheduled starting date in 2018. The GDA has paid a majority of the funds and other agencies must now contribute towards funding.”

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