Work is already under way on the Noida - Greater Noida Metro Rail project, which has an estimated total completion cost of INR55bn (£654m).
The metro connection between Noida and Greater Noida is aimed at giving people access to reliable travel so that they will be more likely to move to towns outside the city centre, helping ease overcrowding there. The expectation is that more residential and commercial complexes will develop in the region. With the metro in place, there will be less traffic congestion, less time and money spent on journeys, less consumption of fossil fuels and less environmental pollution, said th government. Some 750,000 people live in the Noida-Greater Noida region.
The project will be implemented by Noida Metro Rail Corporation, which will be a 50:50 joint venture between the governments of India and Uttar Pradesh.
The project is expected to generate significant direct and indirect employment of skilled, semi-skilled and unskilled workers. Substantial indirect employment will also be generated during the construction and operation phases.