UP Govt may change funding pattern of 9.41km Ghaziabad Metro project - News Summed Up

UP Govt may change funding pattern of 9.41km Ghaziabad Metro project


To streamline the 9.41km Ghaziabad metro project, the Uttar Pradesh government is now contemplating a change in the funding pattern. “In the present project (the 9.41km under construction route), the state government was not a party to provide funds. Unlike other Metro projects in UP, the state government is not providing funds for the Ghaziabad metro. So, there is a need to revise the pattern as other agencies have not been able to contribute much to the 9.41km project,” he said. The total project cost for the 9.41km metro project is around Rs 2,210 crore, including a cost of Rs 1,479.6 crore to be shared by different UP agencies, including Ghaziabad development authority, UP Awas Vikas, UP state industrial development corporation (UPSIDC) and Ghaziabad municipal corporation.


Source: Hindustan Times August 19, 2017 16:30 UTC



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