New Delhi, Jan 23: The Cabinet has approved the extension of Delhi Metro corridor from Dilshad Garden to New Bus Adda Ghaziabad. The total distance of the extended line will be 9.41 km. The Cabinet has also approved a contribution of Rs.324.87 crore as central financial assistance for an extension at the total completion cost of Rs.1,781.21 crore. The Union Cabinet chaired by Prime Minister Narendra Modi.
Delhi Metro is By far the largest and busiest metro in India, and second oldest after the Kolkata Metro it is the world's 9th longest metro system and 16th largest by ridership.
The implementation of the project would provide the much needed additional public transport infrastructure to NCR.
The project is being implemented by Delhi Metro Rail Corporation Ltd. (DMRC), the existing Special Purpose Vehicle (SPV) of the Government of India and Government of National Capital Territory of Delhi (GNCTD).
Delhi Metro was planned to be built in phases spread over around 20 years as with each phase having a target of five years and end of one phase marking the beginning of another.