The Noida authority had on May 27, 2013 announced that it will form NMRC to expedite metro link projects in Noida, Greater Noida and Yamuna Expressway areas to offload DMRC, which is overburdened by work in Delhi and other cities.
NMRC’s first project will be to construct and run 30-km-long link between Noida City Centre and Greater Noida’s Bodaki.
“DMRC will assist NMRC in building 30 km metro link. But NMRC will run this project on its own. Once NMRC gains experience of building and running a metro project, it will take-up new metro projects in UP cities in future,” said a senior official at the Noida authority.
Source Page: http://www.hindustantimes.com/india-news/noida-forms-its-own-metro-rail-company/article1-1283966.aspx