Cabinet approves Metro rail projects in Kanpur and Agra
tnn | Mar 1, 2019, 04:24 IST
The Lucknow Metro Rail Corporation will be reconstituted as Uttar Pradesh Metro Rail Corporation for the projectsNew Delhi: The Union Cabinet on Friday approved two Metro rail projects in Uttar Pradesh’s Kanpur and Agra at an estimated cost of Rs 20,000 crore in order to boost urban public transport connectivity.
Both the projects will be completed in five years.
The Kanpur project will include two corridors, one from ITT to Naubasta and the other from the Agriculture University to Barra-8. The project’s estimated cost is Rs 12,000 crore.
The ITT-Naubasta corridor will cover 23km and comprise 22 stations — 14 elevated and eight underground, while the Agriculture University-Barra-8 corridor is 8km with four elevated and four underground stations.
The Lucknow Metro Rail Corporation, a 50:50 jointly owned company of the central and Uttar Pradesh governments, will be reconstituted as Uttar Pradesh Metro Rail Corporation for implementation of the project.
The financing of Kanpur Metro rail project will be partly from Centre and Uttar Pradesh governments on an equal equity basis and partly as soft loan from bilateral and multilateral international funding agencies.
The Agra Metro rail project will also have two corridors which will pass through the heart of the city and connect prominent tourist places including the Taj Mahal, Agra Fort, and Sikandra.
The estimated cost of the project is Rs 8,500 crore.
Both the projects will be completed in five years.
The Kanpur project will include two corridors, one from ITT to Naubasta and the other from the Agriculture University to Barra-8. The project’s estimated cost is Rs 12,000 crore.
The ITT-Naubasta corridor will cover 23km and comprise 22 stations — 14 elevated and eight underground, while the Agriculture University-Barra-8 corridor is 8km with four elevated and four underground stations.
The Lucknow Metro Rail Corporation, a 50:50 jointly owned company of the central and Uttar Pradesh governments, will be reconstituted as Uttar Pradesh Metro Rail Corporation for implementation of the project.
The financing of Kanpur Metro rail project will be partly from Centre and Uttar Pradesh governments on an equal equity basis and partly as soft loan from bilateral and multilateral international funding agencies.
The Agra Metro rail project will also have two corridors which will pass through the heart of the city and connect prominent tourist places including the Taj Mahal, Agra Fort, and Sikandra.
The estimated cost of the project is Rs 8,500 crore.
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