UP government denies GDA's request to fund Ghaziabad metro project

The Uttar Pradesh government denied the Ghaziabad Development Authority's proposal for 50% state support. In addition, the government notified them via an online meeting that the maximum state financial contribution for other Metro projects in Uttar Pradesh is 27%.

Two proposed metro expansions in Ghaziabad are from Noida Sector 62 to Sahibabad and from Vaishali to Mohan Nagar.

GDA wants Rs. 15.17 billion for the Noida Sector 62 to Sahibabad line and Rs. 18.08 billion for the Vaishali to Mohan Nagar route, according to the budget expected in detailed project reports (DPRs) submitted to GDA by the Delhi Metro Rail Corporation (DMRC) in January 2020.

According to Brijesh Kumar, the GDA's secretary, they have requested that the state establish procedures and a funding structure so that the two extensions can begin.

He further added that the entire cost of Rs 33.25 billion for two projects was calculated using a 2020 price index and that cost escalation is expected at present prices. "Based on the current price index, we anticipate a 10% increase in costs." As a result, the DPR rates will be updated as soon as state officials send us the funding schedule and projected state government contribution.

The state administration had previously refused GDA payments in January. However, in response to orders issued by Deputy Chief Minister Keshav Prasad Maurya during his April 5 visit to Ghaziabad, the two were forwarded to state officials once more.

See also:
Ghaziabad Priority Section soon to commence operations
UP metro projects will receive $3 billion investments from EIB


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