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Lucknow Metro Rail, Lucknow Metro Rail Corporation Limited

Cabinet favors Lucknow Metro venture at an expected expense of Rs 6,928 crore

Cabinet favors Lucknow Metro venture at an expected expense of Rs 6,928 crore

Cabinet today endorsed the development of first period of the Metro Rail Project in Lucknow at an expected expense of Rs 6,928 crore. Led by Prime Minister Narendra Modi, the Cabinet endorsed the Lucknow Metro Rail Project Phase – 1A covering 22.878 km separation between Chowdhary Charan Singh Airport and Munshi Pulia with 22 stations. The expense of the undertaking will be Rs 6,928 crore which will be upheld by the Center with Rs 1,300 crore as value and subordinate obligation, as indicated by a discharge.

The venture will be executed by Lucknow Metro Rail Corporation (LMRC) which will be reconstituted into a 50:50 together claimed organization of the Center and Uttar Pradesh government. Out of the aggregate course length of 22.878 km, lifted course will be 19.438 km while underground course length will be 3.440 km with aggregate 19 raised and three underground metro stations. The metro train will handle between Chowdhary Charan Singh Airport and Munshi Pulia. The venture will go under the legitimate structure of the Metro Railways (Construction of Works) Act, 1978; the Metro Railways (Operation and Maintenance) Act, 2002; and the Railways Act, 1989, as changed every once in a while.

Lucknow has been encountering mounting weight on its vehicle framework and has seen gigantic development in the most recent two decades. According to statistics of India 2011, the number of inhabitants in Lucknow Urban Agglomeration is 29 lakhs. The number of inhabitants in Lucknow Metropolitan Area is more than 50 lakhs. The state capital has 14.24 lakh vehicles, 80 for each penny of them being bikes and 14 for every penny autos. The city is seeing a yearly development of 8.35 percent in the vehicular populace.

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