Adityanath govt nod for UP metro rail corporation

Image
Press Trust of India Lucknow
Last Updated : Jan 02 2018 | 9:30 PM IST
The Yogi Adityanath government today gave its nod for the setting up of the Uttar Pradesh Metro Rail Corporation.
The decision was taken at a meeting of the state cabinet presided by Chief Minister Adityanath here, an official spokesperson said.
The UP Metro Rail Corporation will be set up on the lines of Maharashtra Rail Corporation, the spokesperson said.
As metro projects in different cities, through separate corporations, take a longer time in implementation, the cabinet decided to set up the UP Metro Rail Corporation.
The Lucknow Metro Rail Corporation will be restructured and will be the given shape of a 'single special purpose vehicle", the spokesperson said.
The chief minister had announced the decision to set up such a corporation while inaugurating the Lucknow Metro service here on September 5.
Adityanath has requested E Sreedharan, known as 'Metroman' for his years heading the Delhi Metro, to be the principal advisor to the proposed umbrella body which would explore launching metro services in Varanasi, Kanpur, Agra, Moradabad, Allahabad, Meerut, Gorakhpur, Jhansi and other cities.
"In place of separate metro corporations, we will constitute UP Metro Corporation to run metro services in the state," he had said, adding that the corporation will also explore possibilities of mono rail services in some parts of the state.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 02 2018 | 9:30 PM IST

Next Story