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News Entry# 534150
Dec 16 2023 (21:35) GDA and UP Housing Board Agree to 50:50 Fund Sharing Plan for Delhi Metro Blue Line Extension
Metro
DMRC/Delhi Metro
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News Entry# 534150   
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Ghaziabad Metro: Blue Line to Extend to Sahibabad Via Indirapuram & Vaishali

The Ghaziabad Development Authority (GDA) and the UP Housing Board have agreed to a 50:50 fund sharing plan for the extension of Delhi Metro's Blue Line to Sahibabad via Indirapuram and Vaishali. The project, estimated to cost Rs 1,517 crore, will be funded 80% by the state government (split equally between...
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GDA and UP Housing Board) and 20% by the Central government. This plan differs from the earlier proposal where the UP government was to contribute 50%, the central government 20%, and the remaining 30% was to be shared by GDA, the Housing Board, and the Municipal Corporation. The extension will provide a multi-modal transit option for commuters in the NCR, connecting with the RRTS at both Sahibabad and Anand Vihar. The GDA is confident in securing a loan for the project based on its past repayment track record and the project's location within its jurisdiction.

Ghaziabad Development Authority (GDA) aur UP Housing Board ne Delhi Metro ki Blue Line ke Sahibabad tak extension ke liye 50:50 fund sharing plan par agree kar liya hai. Ye extension Indirapuram aur Vaishali se hota hua Sahibabad tak jaayega. Project ka estimated cost Rs 1,517 crore hai. State government GDA...
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aur UP Housing Board ke through 80% cost dega aur yeh dono equal contribution karenge. Central government baki 20% cost dega. Pehle plan mein UP government 50% de raha tha, Central government 20% aur baki 30% GDA, Housing Board aur Municipal Corporation share kar rahe the. This extension NCR ke commuters ke liye multi-modal transit option provide karega, Sahibabad aur Anand Vihar dono jagah pe RRTS se connect karega. GDA ko loan milne ki umeed hai, kyunki pehle bhi loan repayments mein unka track record accha raha hai aur project ka area unke jurisdiction mein aata hai.
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