Gurugram Metro Phase 2 faces delays due to funding issues
pre-market1 source ↓written by the desknot a recommendation
- connecting Sector-9
- 16-kilometre stretch
- contract awarded earlier
- ₹1,286-crore
The Gurugram Metro Phase 2 project is delayed due to pending layout finalization by the NCRTC and lack of funding approval from the EIB. This phase will cover a 16-kilometre stretch connecting Sector-9 to Cyber City. Meanwhile, Phase 1 construction has commenced with a ₹1,286-crore contract awarded earlier this year.
Not investment advice. For informational purposes only.