Cabinet clears Rs 19,400 crore twin metro rails for UP
Kanpur and Agra metro rail projects get approval
In a major boost to public transport in UP, the Union Cabinet has approved the Kanpur and Agra metro rail projects entailing a combined investment of about Rs 19, 400 crore. The Agra metro rail will have two corridors passing 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, and medical college, among others, at a cost of Rs 8,379.62 crore, while the Kanpur metro project entails an investment of Rs 11,076.48 crore.
Both the projects are slated to be completed in five years. The 24-km Kanpur project, stretching from ITT to Naubasta, will be partly elevated and partly underground with 22 stations. The Agriculture University to Barra-8 corridor of 8.60 kms, will have four elevated and four underground stations. Financing of the Kanpur rail project will be by the Centre and the UP government on an equal-equity basis, and partly as a soft loan from multilateral international funding agencies, according to official sources.