UP clears Metro to Greater Noida

The Chief Minister of Uttar Pradesh Akhilesh Yadav cleared two major routes, a 29.7 km line from Noida City Centre (Sector 32) to Greater Noida, and another 6.7-km stretch from City Centre to Sector 62. The City Centre-Sector 62 link is a Rs 1,816 crore project while the Noida-Greater Noida route is estimated to cost Rs 5,064 crore. Both are expected to be complete by 2017. The CM authorised Noida Authority Chairman Rama Raman to set up a special purpose vehicle called Noida Metro Rail Corporation and to enter into a memorandum of association and article of association with the company. The UP government has also appointed DMRC as the turnkey consultant.