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Delhi Metro cost worked out

Thursday, 10 May 2007
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For the recently cleared proposal to extend the Delhi Metro to Noida and Gurgaon in the Delhi Metro Rail Project (Phase II), Uttar Pradesh and Haryana will have to contribute 80 per cent of the cost (for stretches within their jurisdiction).

The states will spend less than Rs.100 crore per km as cost of construction of the line within the state which is lower than the cost of Rs.160 crore in Phase I of Delhi Metro. The reason being that the number of stations in these routes (only five stops) will be much lower than in Delhi (Phase I), which is a key reason for the higher cost of construction in Phase I.

The cost of the remaining project in Phase II (20 per cent) will be financed by the Urban Development ministry and the coaches will be financed by the Delhi Metro Rail Corporation (DMRC) .

The stretches from UP border to Noida Sector 32 and from Haryana border to Sushant Lok (Gurgaon) are each of seven km. The cost is estimated to be Rs.650 crore and Rs.688 crore respectively. The cost per km therefore will come to Rs.92.8 crore per km for Noida line, while the per km cost for Gurgaon line would be Rs.98.2 crore.

Haryana government had set up a development infrastructure fund two years back for funding all infrastructure projects of the state and the metro project is being funded through it. This fund gets annual contribution from various state agencies like Haryana Urban Development Authority (HUDA) and Haryana State Industrial Developmental Corporation (HSDIC).

Within Delhi, the extension of the Metro by another 120 km will require an investment of Rs.18,500 crore. The project includes extension of the Dwarka-Indraprastha line to the Uttar Pradesh border and the extension Vishwavidyalaya-Central Secretariat line to the Haryana border. The projects will be financed by a combination of funds from the Delhi government, Central government and loans from Japan Bank of International Cooperation.

However these lines will cost around Rs.160 crore per km as they will have a station every km. If the Haryana government's request for extension of the two lines to Faridabad and Bahadurgarh are also included in Phase II, then the total distance will go up to150 km.

Also See:

Parsvnath Developers bags Rs.160 crore order from DMRC (24-Apr-07)

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