Centre gives nod for construction of Rithala-Narela-Kundli metro corridor

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Centre gives nod for construction of Rithala-Narela-Kundli metro corridor - Business Standard

Quick Summary:

The Rithala-Narela-Kundli metro corridor will be constructed at a cost of Rs 6,231 crore with the Delhi portion estimated to cost Rs 5,685.22 crore and the Haryana portion Rs 545.77 crore, the statement said.

The Delhi Development Authority (DDA) will be contributing Rs 1,000 crore of the remaining cost while 37.5 per cent of the capital will come from bilateral/multilateral loans and about 20 per cent from the Delhi government, it said.

The Centre has cleared a Ministry of Housing and Urban Affairs-DDA proposal for the construction of the Rithala-Narela-Kundli metro corridor, a Raj Niwas statement said on Saturday.