Union Cabinet chaired by Prime Minister Narendra Modi on 22 December 2015 approved the Lucknow Metro Rail Project Phase-1 A. To be developed at an expenditure of 6928 crore rupees, the project will cover a length of 22.878 km with 22 stations.
Out of the total route length of 22.878 km, elevated route will be 19.438 km while underground route length will be 3.440 km with total 19 elevated and three underground metro stations. The metro train will ply between Chowdhary Charan Singh Airport and Munshi Pulia.
The project will cost 6928 crore rupees of which the Union Government will give 1300 crore rupees in form of equity and subordinate debt.
The project will be implemented by the Lucknow Metro Rail Corporation (LMRC), which will be reconstituted into a 50:50 jointly owned company of Union Government and Government of Uttar Pradesh.
The project will come under the legal framework of
• The Metro Railways (Construction of Works) Act, 1978
• The Metro Railways (Operation and Maintenance) Act, 2002
• The Railways Act, 1989, as amended from time to time
DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.