Ghaziabad development authority to pay as per old project cost for 9.41km Metro extension


Ghaziabad development authority to pay as per old project cost for 9.41km Metro extension

The Ghaziabad development authority (GDA) said that the Delhi Metro Rail Corporation (DMRC) has asked it to pay Uttar Pradesh’s share of the 9.41km Metro extension link project according to the original MoU, reducing the GDA’s share from Rs 1,479 crore to Rs 1,116 crore, thereby saving the authority nearly Rs 363 crore. GDA officials said they had, in a review meeting held late Thursday evening, asked the DMRC to submit the proposal in writing.

In December, 2014, the total cost of the Metro link had been revised and escalated from Rs 1,770 crore to Rs 2,210 crore. The previous cost had been agreed upon by the DMRC and the GDA in an MoU signed in June 2014.

The GDA had been designated as the nodal agency for the project that will connect Delhi’s Dilshad Garden to the new bus stand in Ghaziabad, with eight stations on an elevated corridor. Read More

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