Japan International Cooperation Agency (JICA) will start survey work on the Gurgaon-Manesar-Bawal Metro rail project in September, 2014. The 108-km-long project will cost Rs27,411 crore.
Presiding over a review meeting of Board of Directors of HMRTC on Thursday, Haryana Chief Secretary SC Choudhary, who is also chairman of the Haryana Mass Rapid Transport Corporation (HMRTC), said that a detailed project report of this project was being prepared. The project would be jointly completed by the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) and HMRTC. About 465 acres of land has been identified and notified for the project.
Choudhary said that Japan would provide cheaper loan of Rs23,217.80 crore at the rate of 0.5 per cent for this project and the remaining amount of Rs4,193.20 crore would be shared by the DMICDC and the HMRTC. Slated to start in 2015, the project would be completed in four years. As many as 50 metro stations will be constructed under the project.
The HMRTC is working on a number of projects for metro extension in the State. The project to extend Delhi Metro up to YMCA Chowk, Faridabad, would be completed by the end of September this year. The 14-km-long project would cost Rs2,454 crore. Similarly, extension work of metro is being carried out from YMCA Chowk, Faridabad, to Ballabhgarh at a cost of Rs599 crore and from Sikandarpur Station to Sector-56, Gurgaon, at a cost of Rs2,143 crore. Those present in the meeting of the Board of Directors, included Vice-Chairman HMRTC T.C. Gupta, Principal Secretary, Sanjeev Kaushal, Managing Director, Haryana State Industrial and Infrastructure Development Corporation, Tarun Bajaj, and Managing Director HMRTC, AK Singh.