Ghaziabad Metro Update: Uttar Pradesh Cabinet Approves Revised Detailed Project Report (DPR) & Funding Pattern For Metro Project In Ghaziabad

Ghaziabad Metro Update: Uttar Pradesh Cabinet Approves Revised Detailed Project Report (DPR) & Funding Pattern For Metro Project In Ghaziabad

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Date of Post: 21 Sep, 2017

Ghaziabad: The Uttar Pradesh cabinet, chaired by CM Yogi Adityanath, approved the revised DPR (Detailed Project Report) & the funding pattern, which is to be shared by different UP agencies, for the 9.41 km long metro project in Ghaziabad. The decision was taken in a cabinet meeting held in Lucknow.

The revised DPR, estimating the cost of the project around Rs 2,210 crore (approx US$ 345.31 Million) was approved.

Officials Asked Agencies To Provide Funds For Metro Project

  • Last week, in a state-level meeting held in Lucknow, officials had asked the agencies to provide funds for the metro project.
  • The 9.41 km long metro rail extension is coming up on an elevated corridor from Dilshad Garden in Delhi to New Bus Stand in Ghaziabad.

Funding Pattern & Funds Sharing :

  • The cabinet also approved the funding pattern & funds sharing for the project.
  • The funding pattern was already decided at the state level & state agencies were to share the cost of the project.
  • The approval of the revised DPR will now pave the way for a grant of Rs 402.4 crore (approx US$ 62.8 Million) from the Government of India.
  • The Delhi Metro Rail Corporation (DMRC) will provide Rs 328 crore (approx US$ 51.2 Million) for the project.
  • The Ghaziabad Development Authority (GDA) will pitch in Rs 695.8 crore (approx US$ 108.7 Million).
  • The Ghaziabad municipal corporation will contribute Rs 246.35 crore (approx US$ 38.4 Million).
  • UP Avas Vikas Parishad expected to contribute Rs 440.45 crore (approx US$ 68.8 Million).
  • UP state industrial development corporation expected to contribute Rs 97 crore (approx US$ 15 Million).

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