(a) whether a new joint venture company has been formed to execute the Integrated Rail Bus Transit system in Delhi;
(b) if so, the details thereof; and
(c) the salient features of the project?
(a) whether a new joint venture company has been formed to execute the Integrated Rail Bus Transit system in Delhi;
(b) if so, the details thereof; and
(c) the salient features of the project?
MINISTER OF PARLIAMENTARY AFFAIRS AND URBAN DEVELOPMENT ( SHRI GHULAM NABI AZAD )
(a): No, Sir.
(b): Does not arise.
(c): The proposed project has three corridors viz. (i)
Shahdara-Ghaziabad (14.92 km.), (ii) Sahibabad-Shivaji Bridge
(17.36 km.) and (iii) Trinagar-Gurgaon (30.53 km.). Estimated
cost of the project is Rs.2239 crore (April, 2002 prices).
Equity contribution is proposed to be shared equally among
Ministry of Urban Development (1/3), Ministry of Railways (1/3)
and Governments of NCT of Delhi, Haryana and Uttar Pradesh
(1/3). The State Governments would contribute their share
depending on the corridor length in the respective States. The
project is proposed to be implemented by two Special Purpose
Vehicles (SPVs), one for the corridors in Uttar Pradesh and the
other for the corridor in Haryana.