Ahead of a high-level meeting with state officials to finalise the funding pattern, the Ghaziabad Development Authority (GDA) on Tuesday said it will seek 20% fund from the Uttar Pradesh government towards the Phase 3 of the Metro project proposed between Mohan Nagar and Noida’s Sector 62. The meeting will be held on March 6, GDA officials said.
Officials said the projects under Phase 3 and Phase 4 — Vaishali to Mohan Nagar — will require about Rs 4,000 crore. They said they have decided to go ahead only with Phase 3 due to funds crunch.
“As per the present pattern, the Centre and the UP agencies are to share funds in the ratio of 20:80. In the share of UP agencies Read More
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