CHANDIGARH: With the stakeholder states signing the Memorandum and Articles of Association of National Capital Region Transport Corporation (NCRTC) in New Delhi, the much awaited project of RRTC connecting the major cities of NCR region has finally taken off.
Besides Haryana, the main constituent States of NCR include Delhi, UP and Rajasthan, besides the Ministry of Railways, National Capital Region Planning Board and Ministry of Urban Development.
The NCRTC has been set up to take up Regional Rapid Transit System (RRTS) and Multi Modal Transport System in National Capital Region. Haryana will have to bear 7% of the total project which is totally a centrally sponsored project.
Initially NCRTC will take up the three priority corridors Delhi-Sonipat-Panipat (111 km), Delhi-Gurgaon-Alwar (180 km) and Delhi-Ghaziabad-Meerut (90 km). The work of the corridors is likely to start in about 6 months. First of all Delhi-Sonipat-Panipat corridor will be taken up, because its alignments have been finalized and the DPR has been approved by Haryana Government.
On behalf of Haryana Government, Chief Secretary P.K. Choudhery signed the Memorandum, whereas on behalf of Delhi, Rajasthan and Uttar Pradesh, the Memorandum was signed by their Chief Secretaries. T.C. Gupta, Principal Secretary, Town & Country Planning and Urban Development, Haryana, was also present on this occasion.
The New Company will have an authorized share capital of Rs. 100 crore on 50:50 ownership pattern with 50 per cent being owned by the Central Government through Ministry of Urban Development, Ministry of Railways (22.5% each), NCR Planning Board 5% and 50% State Governments (12.5% for each State). The company will have total of 8 government nominee directors, 4 from Central Government with Secretary (UD) as ex-officio chairman. Each state would have one nominee director on the Board.
The Company would implement individual RRTS Corridors through either separate SPVs or on PPP mode. About funding pattern for each individual corridor the NCRTC Board will consult the individual stakeholders. The Ministry of Railways will contribute Rs. 22.5 crore only in the Company and would not be investing in individual corridors. As per the feasibility reports the total cost of the three corridors would be about Rs. 72,000 crores.
National Capital Region Planning Board (NCRPB) had prepared ‘Functional Plan on Transport for NCR-2032’, which recommended eight RRTS Corridors to connect various important towns of NCR with high speed rail based commuter transit system.
The Secretary, Ministry of Urban Development, Dr Sudhir Krishna, who chaired the meeting, said that each State is required to set up a high power committee under the Chairmanship of Chief Secretary, so that various state level issues of planning, coordination and an approvals and resolved at the earliest.
The implementation of the proposed RRTS corridors by NCRTC is expected to provide the much needed rapid transport facility in NCR. This will also result in planned development of NCR and will also help in decongestion of NCT of Delhi.