Tuesday, 8 September 2015

Yamuna bridges await Haryana reply on cost sharing

The NCR Planning Board has sought a reply from the Haryana government after the Noida Authority raised the issue of cost sharing of the two bridges planned on Yamuna between Noida and Faridabad. The Authority, which says it has sufficient funds to start the project, has also decided to increase purchase rates of land along the river.

Construction of the two bridges was approved last month in a meeting in Delhi attended by Haryana additional secretary P Raghvendra Rao, Noida and Greater Noida authorities' chairman Rama Raman, NCR Planning and Monitoring Cell (UP) commissioner Kush Verma and Faridabad town planner.
 

"After we raised the issue of cost sharing, the NCRPB has sought a reply from Haryana. Once cost sharing is settled, the projects will further move ahead," said Rajesh Prakash, additional CEO, Noida Authority. "We are going to increase purchase cost of land near the riverbed. We are planning to increase the purchase rate from the existing Rs 2,800 per square metre to Rs 3,500 per sqmts. A proposal will be presented in the Authority's next board meeting," Prakash said.

Chairman of the Noida and Greater Noida authorities Rama Raman, meanwhile, said MoU for the two bridges was being finalized and is expected to take a couple of months, following which tenders will be awarded. "A team is working on the MoU. Once both Haryana government and we finalize MoUs, a date for signing them will be announced," Raman said. The bridges will drastically cut travel time between Noida and Faridabad from two hours at present, to flat 15 minutes.


"The bridge on the FNG corridor, estimated to cost Rs 266 crore, will start between sectors 150 and 149A and end in Tilori village in Faridabad. The length of the bridge is 600 metres and Canal Bridge is 80 metres. The other bridge will start nears sectors 167A and 168 and end near Faridabad's Lalpur village. The 600m-long bridge will cost Rs 315 crore," Raman said. Both the bridges will end on the road leading to Badkal lake crossing. "We have already received environment clearance and hydraulic study will soon be completed," Raman added.

Source: Magicbricks

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