At a high-level meeting on Tuesday, Greater Noida Authority DCEO Pramod Chand Gupta said they have invited asked Infrastructure Leasing and Financial Services to prepare a report on how to make the project economically viable. “If work on the project starts this fiscal, we should be able to complete the Metro in two years,” informed Gupta. The proposed Metro stations for Greater Noida include Knowledge Park, Pari Chowk, Alfa-1 Commercial, Amusement Park, Knowledge Park 4 and Boraki Railway Station.

“We are looking at three models. One is to acquire the land and bear the whole cost of the project. The second is the BOT model in which we acquire land and construct the network while onther party bears the cost of rolling stock and maintenance. The third option is for us to acquire the land and rope in another authority like the DMRC or IL&FS to built and operate the project,” said an official.