In a move to boost Public Trasport Connectivity in two cities of Uttar Pradesh, The Union cabinet on Thursday approved the Kanpur and the Agra metro rail projects.
As per the Government, the Agra rail project will have two corridors, which will pass through the heart of the city and will connect prominent tourist places like the Taj Mahal, Agra Fort and Sikandra, as well as the interstate bus terminal, railway station, medical college and others.
While the Kanpur Rail project will have a length of 23.785 km connecting IIT to Naubasta. The 23 KM long line which is elevated and partly underground will have 22 Stations. Also, the length of the Agriculture University to Barra-8 corridor is 8.60 km, comprising of four elevated and four underground stations.
The decision was taken a cabinet meeting chaired by Prime Minister Narendra Modi on Thursday. The estimated cost of the Kanpur metro project is ₹11,076.48 crore and the Agra project is ₹8,379.62 crore. Both the projects will be completed in the next five years.
— ANI (@ANI) February 28, 2019
The financing of the Kanpur Metro Rail Project will be partly from the Centre and the Uttar Pradesh government on an equal-equity basis and party as a soft loan from multilateral international funding agencies.
Meanwhile, the Lucknow Metro Rail Corporation, a 50:50 jointly-owned company of the Centre and the Uttar Pradesh government will be restructured as the Uttar Pradesh Metro Rail Corporation (UPMRC) for implementation of the project.
Chief Minister Yogi Adityanath led Uttar Pradesh Government in its Budget 2019-20 has allocated ₹175 crore for Metro rail projects in Kanpur and Agra, ₹150 crore for the initial work of Metro rail projects in Varanasi, Meerut, Gorakhpur, Prayagraj and Jhansi besides Rs 400 crore for Delhi-Ghaziabad-Meerut regional rapid transit system.
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