Greater Noida Metro pact to be signed today

नोएडा Noida: Delhi Metro Rail Corporation (DMRC) will sign memorandums of understanding (MoUs) for two Metro links today. The two routes – Noida City Centre to Sector 62 and Noida City Centre to Greater Noida – will spell relief for thousands of commuters once in place.

According to officials, the MoUs will be signed between DMRC Managing Director Mangu Singh and the chairperson of Noida and Greater Noida Authorities, Rama Raman. The two Metro routes, stretching 6.675 km between City Centre and Sector 62 and 29.7 km between Noida and Greater Noida, had received the green signal from UP chief minister Akhilesh Yadav on September 30, 2014, but the government sat on both draft MoUs for a long time. Officials said once signed, payments will be processed and construction begin thereafter.

The City Centre – Sector 62 link is estimated to cost Rs 1,816 crore, while the Noida-Greater Noida route is expected to cost Rs 5,064 crore. Both tracks are expected to be complete by 2017. Officials said according to the Detailed Project Report (DPR) the cost will be shared between UP government and the Centre on an 80-20 sharing basis. The Noida-Greater Noida link, on the other hand, will be funded by the two authorities.

In July this year, DMRC had signed a MoU to build the Botanical Garden-Kalindi Kunj link. The Janakpuri West-Botanical Garden corridor is expected to be ready by 2016, catering to around 48,500 commuters daily.