Nearly a year after receiving the Centre’s nod for executing a regional rapid transit system (RRTS), the National Capital Region Transport Corporation (NCRTC) has not been able to make much progress on the ambitious project to link Delhi with adjoining cities in Haryana, Uttar Pradesh and Rajasthan. The corporation is yet to complete the consultation process with the state governments for land acquisition, to not just widen existing roads but also build depots and undertake utility shifting work.
Designed on the lines of systems in London, Paris, Tokyo and Hong Kong, the first leg — Delhi-Ghaziabad-Meerut – of the project would come up at an estimated cost of Rs 316.32 billion. There are three corridors being planned with an expected ridership of 1.14 million for the Meerut segment, 1.51 million for Delhi-Gurugram-Rewari-Alwar and 983,000 for Delhi-Sonipat-Panipat.
This system is the first of its kind in the country. Only the Mumbai Urban Transport Project (MUTP) III segments worth Rs 100 billion comes close to it.
The project, being jointly financed by the Asian Infrastructure Investment Bank (AIIB) and the World Bank in a 40:60 ratio, is aimed to expand the suburban rail network across the Mumbai Metropolitan Region (MMR). Read More
Latest posts by Business-Standard.com (see all)
- India can cut costs by switching kerosene subsidies to solar energy: Study - April 20, 2019
- Essar Power, GMR receive govt notice to revoke bank guarantees - April 19, 2019
- Coal India sets production target of 655 mt; 3-fold rise from last fiscal - April 19, 2019