The Union Cabinet has given its approval for the Ahmedabad Metro Rail Project Phase-1 covering a length of 35.96 km at a total project cost of Rs. 10,773 crore. The Central Government will contribute Rs. 1,990 crore in the form of equity and subordinate debt. The project will be implemented by Metro-Link Express for Gandhinagar and Ahmedabad Company Ltd, which will be converted into a 50:50 jointly owned company of the Central Government and Gujarat Government.