Happiness after long wait, City Metro gets green signal. Gurgaon News – Times of India

Gurgaon/New Delhi: The Union Cabinet on Wednesday approved the Rs 5,452-crore Gurgaon Metro Line, a 28.5-km corridor between HUDA City Center and Cyber ​​City that will become the mainstay of the city’s future transport grid.
The corridor – a loop that connects not only the two sides of the expressway but also old and new Gurgaon, densely populated areas away from the metro network, newly developed areas where the city’s new population is rapidly settling, and the railway station – is the first in 2010. Government-run expansion of the Metro corridor in the city since the introduction of the Yellow Line here.
In the years since then, the city has added just 11.7 km of metro lines as a privately built rapid metro network, which was commissioned in two phases in 2013 and 2017. And with the Yellow Line only 5.3 km away, the city’s metro footprint has not kept pace with its economic and population growth.
The Modi government’s approval for the Gurgaon Metro comes after much back and forth on the project, which has gone through several changes of plan before the current alignment was deemed best for both ridership and the city’s connectivity needs.
“In the next phase, it will provide connectivity to IGI airport,” said an official statement.
In a tweet, Prime Minister Narendra Modi said, “Today’s (Wednesday) cabinet decision will help revolutionize transport in Gurugram. It will also improve connectivity with Delhi airport.
Haryana Mass Rapid Transport Corporation Limited (HMRTC) will be the implementing agency for the project, which will be a 50:50 Special Purpose Vehicle (SPV) of the Central and State Governments. SPV will be similar to DMRC. If this line meets all the deadlines then the trains are expected to run by 2026-27.
The decision was announced by the Union Food Minister Piyush Goyal He said that the daily ridership on this new network is estimated to be around 5.3 lakh by 2026, 7.3 lakh by 2031, 8.8 lakh by 2041 and 10.7 lakh by 2051.
As per the cabinet decision, the Center will provide Rs 896 crore for the project while the state’s share will be Rs 1,432 crore. The Urban Development Authority will give Rs 300 crore and Rs 2,668 crore will come in the form of pass-through assistance or loan component. The project will also have a PPP (Public Private Partnership) component for lifts and escalators with an investment of Rs 135.5 crore.
The loan is being worked out with the European Investment Board and the World Bank.
The Gurgaon Metro will connect to the railway station near Sector 5, the proposed RapidX corridor (Sarai Kale Khan-SNB) in Sector 22 and the Yellow Line in HUDA City Centre. will also connect to Dwarka Expressway Via an inspiration from Basai.
A senior Haryana government official said, “We will float a tender for the construction of the Metro route and after the tender process is over, the actual construction work will start in the next few months. Meanwhile, the GMDA will complete the utility transfer and land clearing for the project.
Chief Minister Manohar Lal Khattar Recently said that work on the project will start in a month. Union Minister and Gurgaon MP Rao Inderjit Singh, who is pursuing the project, said that the traffic pressure on the roads in the city has increased tremendously and there is an urgent need for the metro line. “The metro network will connect almost all areas of Gurgaon, especially the old city, and reduce traffic on the roads,” Singh said.
Deepak Maini of the Federation of Indian Industry (FII) said that the metro route would make travel within the city easier. “Mobility and easy access to transportation are critical to development,” Maini said.