Union Cabinet approves Lucknow Metro project

Union Cabinet has approved the Lucknow Metro Rail Project Phase – 1 A. It will cover a length of 22.878 km with 22 stations.

Project Outlay – Rs 6928 crore

• The cost of project will be supported by Government of India with Rs 1300 crorein the form of equity and subordinate debt.
• The Project will be implemented by Lucknow Metro Rail Corporation (LMRC), which will be reconstituted into a 50:50 jointly owned company of of India andGovt. of Uttar Pradesh.
• It will have total 19 elevated and 3 underground metro stations.

The project will come under the legal framework of the Metro Railways (Construction of Works) Act, 1978; the Metro Railways (Operation and Maintenance) Act, 2002and the Railways Act, 1989.