The Public Investment Board (PIB) under the Union ministry of finance has approved ₹2,197 crore for the 14.9-km Noida-Greater Noida Metro link project, paving the way for construction work, sources said.
The project will take Metro connectivity deeper into Noida and Greater Noida pockets, which are home to many newly-built group housing projects that lack connectivity, said officials.
The Noida Metro Rail Corporation (NMRC) officials said they are looking forward to begin work at the site.
“The PIB approval for extending the existing Metro route in Noida and Greater Noida is an important step in infrastructure development. Now, the NMRC will float tenders to select a contractor for the project. We hope that the government will give its final approval in about two months’ time,” said Anand Vardhan, executive director, NMRC.
