UP Cabinet Approves ₹265 Crore Integrated Electric Bus Terminal and Commercial Complex at P-4 Parking, Vrindavan Yojana, Lucknow
The Uttar Pradesh cabinet has approved an integrated electric bus terminal and commercial area at P-4 parking in Vrindavan Yojana, Lucknow. The project will be developed in Public-Private Partnership (PPP) mode. Its estimated cost is ₹265 crore.
The Directorate of Urban Transport will implement the project. It will follow the Design, Build, Finance, Operate and Transfer (DBFOT) model. About ₹60 crore of the cost is allotted to the bus terminal and ₹205 crore to commercial facilities.
The terminal will have bus bays, bus parking, charging infrastructure for electric buses and repair facilities. It will also include staff restrooms, administrative offices and security rooms.
The commercial component will include restaurants, coffee shops, fast-food outlets, shops, medical stores and banks. ATMs, public toilets and water ATMs will also be provided within the premises.