GHAZIABAD (Metro Rail News): On Monday, the Uttar Pradesh government rejected the Ghaziabad development authority’s 50% state funding request. Also, the government informed them through an online meeting that the maximum state financial share for other Metro projects in Uttar Pradesh is 27%.
The Noida Sector 62 to Sahibabad and Vaishali to Mohan Nagar routes are two proposed metro extensions in Ghaziabad.
According to the budget anticipated in detailed project reports (DPRs) offered to GDA by the Delhi Metro Rail Corporation (DMRC) in January 2020, GDA wants Rs. 1,517 crores for the Noida Sector 62 to Sahibabad line and Rs. 1,808.22 crores for the Vaishali to Mohan Nagar route.
According to Brijesh Kumar, secretary of the GDA, they have requested that the state set forth guidelines and a funding scheme so that the two extensions may proceed.
He further stated that the total cost of ₹3,325.22 crore for two projects was based on a 2020 price index and that cost escalation is anticipated at current prices. “We expect costs to rise by 10% based on the current price index. We will therefore update the DPR rates as soon as state officials send us the funding schedule and anticipated state government contribution.
Earlier in January, the state administration rejected GDA funds. However, in response to orders made by the deputy chief minister Keshav Prasad Maurya during his visit to Ghaziabad on April 5, the two were again forwarded to state officials.
