Noida Metro Aqua Line: With both the Noida and Greater Noida authorities citing funds crunch as a reason for being unable to contribute their share in the project, the construction of Aqua Line extension, expected to cost Rs 2,600 crore, is likely to be taken up in phases.
At an upcoming board meeting in December, the Greater Noida Industrial Development Authority (GNIDA) officials are likely to suggest that the construction of five metro stations on the extended line (two in Noida and three in Greater Noida) to be taken up first, states a ToI report.
However, it will need the backing of the Noida Authority as well as an approval from the Uttar Pradesh state government for any such construction work to start on the route.
For the entire project, Noida’s share is around Rs 130 crore, while Greater Noida’s share is around Rs 250 crore. Read More