HindustanTimes Thu,18 Sep 2014

Japan-based agency to conduct survey on Gurgaon metro rail project

HT Correspondent, Hindustan Times  Chandigarh, June 26, 2014
First Published: 19:21 IST(26/6/2014) | Last Updated: 19:51 IST(26/6/2014)

State chief secretary and chairman of Haryana Mass Rapid Transport Corporation (HMRTC), SC Choudhary, on Thursday said Japan International Co-operation Agency (JICA) would commission a survey on the Gurgaon-Manesar-Bawal metro rail project this September.

The 108-kilometre-long project costing `27,411 crore would be completed in four years.

At a review meeting of the board of directors, Choudhary said a detailed report of this project was being prepared.

The project would be jointly completed by the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) and the HMRTC. Nearly 465 acres had been identified and notified for the project.

Choudhary said Japan would provide a loan of ` 23,217 crore at the rate of 0.5 % for this project and the remaining amount of Rs. 4,193 crore would be shared by the DMICDC and the HMRTC.

Nearly 50 metro stations would be constructed under the project.

The HMRTC is also commissioning a number of projects for metro extension, including extension of Delhi Metro up to YMCA Chowk in Faridabad, which would be completed by end of September.

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