GDA seeks central funds for Noida-Ghaziabad metro link
Ghaziabad: Ghaziabad Development Authority (GDA) has taken a fresh initiative to revive Noida Electronic City-Sahibabad metro project — an extension of the Blue Line metro corridor — by suggesting that it should be funded by grants made under 16th Finance Commission.
A letter to this effect has been written to the state govt, seeking Rs 2,441 crore.
GDA vice chairperson Atul Vats said on Monday, "We have written to UP govt. We have quoted a grant of Rs 2,441 crore, out of which Rs 1,873 crore is for the metro project."
O
ver 5 lakh people stand to benefit from the project, who for a long time have been demanding metro connectivity through Indirapuram, Vasundhara and Vaishali townships.
Vats said, "In line with this, DMRC has also sent a proposal to the central govt for 16 metro corridors in the country, which include the 5km Noida Electronic City to Sahibabad metro corridor. We think that makes a strong case in favour of the said project because not only will it provide much-needed connectivity with Noida, but the corridor will also serve as an extended arm of the Namo Bharat corridor, which passes through Sahibabad.
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As for alignment, the 5km route from Noida Electronic City metro station will have five stations on an elevated platform, which include Vaibhav Khand, DPS Indirapuram and Shakti Khand stations along CISF road, which falls under Indirapuram township. From Kanawani culvert, the route will enter Vasundhara and from passing through Vasundhara, it will end at Sahibabad. An additional two stations — Vasundhara Sector 5 and Sahibabad stations — will cater to the Vasundhara and Vaishali commuters.
In the pipeline since 2018, Noida Electronic City to Sahibabad metro corridor could not take off in all these years due to a lack of funds. GDA, in the last seven years, suggested funding patterns, including the creation of a special purpose vehicle (SPV) and urging the central and state govt to fund the project, but all were turned down.
In 2018, when the DPR was made, the cost of the project was estimated to be Rs 1,517 crore, which has now increased to Rs 1,873 crore.
In a survey conducted last year, the land requirement for the proposed corridor will be 26,691 sqm, of which 7,690 sqm will be private land, which alone will cost Rs 223 crore.
The Finance Commission, established under Article 280 of the Indian Constitution, is a constitutional body that recommends the distribution of tax revenues between the central and state govts every five years. Ghaziabad, like other districts, has been receiving grants annually.
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