DELHI
With this, there will be a decrease in vehicular traffic which will decongest roads and reduce pollution
The Cabinet has approved the extension of Metro rail network from Noida City Centre to Noida Sector 62 on Wednesday. The new line will be the extension of the Dwarka-Noida City Centre corridor on the Blue Line of the Delhi Metro with an investment of Rs 1,967 crore. It is proposed to have six elevated stations.
The Centre's liability will be to the tune of Rs 340.60 crore on account of grant and subordinated debt for the project.
Union Minister Ravi Shankar Prasad said the total stretch for the extension is 6.675 km long and it will provide transport facilities to a large number of people living in Noida besides catering to residents of nearby areas of Ghaziabad.
The project will be implemented by Delhi Metro Rail Corporation (DMRC), the existing Special Purpose Vehicle (SPV) of the Centre and Delhi governments. The minister said Noida is expanding in terms of commerce and educational facilities and the extended line will help in greater mobility of people.
"The project will also result in the development of more residential and commercial complexes in the region and help more to move to the satellite town of Delhi, thus decongesting the national Capital," an official release stated.
About 800 staff, including engineers, are currently working at the project site and the DMRC has started the procedure for recruitment of around 200 employees for operation and maintenance of this corridor.
"Under Delhi Metro corridor, the Metro line will be extended from Noida City Centre to Noida Sector 62 and Rs 1,967 crore would be spent on the expansion," Prasad said.
According to officials, with the Metro rail in place, there will be less vehicular traffic on roads leading to less congestion, less time and cost of the journey, less consumption of fossil fuel and less environmental pollution.
About 81 per cent progress of civil work and 55 per cent of the overall financial progress of the project have been achieved. The population of Noida as per 2011 census is about 6.42 lakh.
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