Status of extension of Metro line to NOIDA Sector 62
DMRC has informed that Memorandum of Understanding (MoU) has been signed between DMRC and Noida on 18.10.2014. The major details of MoU are as under:-
(i) The work of extension of metro line from Noida City Centre to Sector 62, Noida shall be executed by DMRC.
(ii) This corridor is of 6.675 kms. from NOIDA City Centre to NOIDA Sector-62 terminating at Electronic City, at a total cost of Rs.1879.49 Crores.
(iii) Cost of Rolling Stock amounting to Rs.353 Crores will be borne by DMRC. NOIDA shall arrange funds amounting to Rs.1428.49 Crores, with part contribution from NOIDA and Central Government.
(iv) NOIDA shall arrange to provide 3050 square meter of land for staff quarters required for Operation & Maintenance and1350 square meter of land for CISF barracks, free of cost along with all sanctions relating to the said buildings.
Govt. of National Capital Territory of Delhi has given its approval for the project on 03.04.2014. The revised DPR has not been submitted by the Govt. of Uttar Pradesh for further consideration / approval of the project.
This information was given by the Minister of Urban development Shri M.Venkaiah Naidu in a written reply to Shri Narendra Kumar Kashyap in the Rajya Sabha today.
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