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Development of Metro Link from Sikanderpur Station to NH-8, Gurugram (PPP Mode)

Date of award: 16.07.2009
Route Length: 5.1 Km
Project Cost Rs 1080 Crore
No. of Station: 6 (all elevated)- Sikanderpur, Phase-II, Vodafone, Belvedere Towers, IndusInd Bank Cyber City, Micromax Moulsari Avenue, Phase-III.
Completion Date: Already made operational in Nov, 2013.

The Haryana Urban Development Authority has awarded the project of development of Metro link from Sikanderpur Station to NH-8 to the Rapid MetroRail Gurgaon Limited (RMGL) after getting the approval of the Council of Ministers in its meeting held on 13.07.2009 on the terms and conditions which, inter-alia, include the following:

i. The total cost of the project will be borne by the RMGL.

ii. The land for right of way and depot will be allotted by HUDA on lease hold basis.

iii. The RMGL will pay the connectivity charges to HUDA and share with HUDA the revenue generated from advertisement rights and property development.

Gazette Notification
Concession agreement executed between HUDA & RMGL to the project
Escrow Account of RMGL