The Union Cabinet today approved
constitution of National Capital Region Transport Corporation Limited (NCRTC)
under the Companies Act, 1956 with initial seed capital of Rs.100 crore as per
Company Act, 1956 for designing, developing, implementing, financing, operating
and maintaining Regional Rapid Transit system (RRTS) in National Capital Region
(NCR) to provide comfortable and fast transit to NCR towns and meet the high
growth in transport demand. This company
may form subsidiary companies for implementing each corridor.
The seed capital of Rs. 100 crore shall
be contributed as follows:-
Central Government
|
|
|
Ministry of Urban Development
|
:
|
22.5%
|
Ministry of Railways
|
:
|
22.5%
|
National Capital Region
Planning Board
|
:
|
5.0%
|
State Government
Government of NCT Delhi
|
:
|
12.5%
|
Government of Haryana
|
:
|
12.5%
|
Government of Rajasthan
Government of
UP
|
:
|
12.5%
12.5%
|
The three prioritized corridors, as per
recommendation of the Task Force, to be taken up by NCRTC initially are as
follows:
S.No.
|
RRTS Corridor
|
Length (km)
|
Daily Ridership
(in lakhs)
|
2016 2041
|
1
|
Delhi-Sonipat-Panipat
|
111
|
3.77
|
9.83
|
2
|
Delhi-Gurgaon-Alwar
|
180
|
6.9
|
15.1
|
3
|
Delhi-Ghaziabad-Meerut
|
90
|
5.7
|
11.4
|
|
Total
|
381
|
-
|
-
|
|
|
|
|
|
The actual cost, financing plan,
RRTS alignments, real estate development, financing through Transit Oriented
Development, etc. will be firmed up and frozen in the DPRs of these projects
while processing proposals for each corridor for sanction subsequently. The DPRs are under finalization.
The NCRTC shall be set up within two
months after approval of the Cabinet. NCRTC is proposed as the implementing
agency for taking up the RRTS project in the NCR. It is envisaged to undertake design
construction, operation and maintenance of the RRTS project on a similar
pattern as the Delhi Metro Rail Corporation (DMRC). It will cover the States of Delhi, Haryana,
Rajasthan and Uttar Pradesh.
Background
The National Capital Region Planning Board (NCRPB)
had prepared a 'Functional Plan on Transport for NCR-2032', which recommended
eight RRTS Corridors to connect important towns of the NCR with a high speed
rail based commuter transit system.
A Task Force set up by the Planning Commission for
the RRTS for the NCR in its meeting held in December, 2009 proposed the
construction of a Special Purpose Vehicle (SPV) called NCRTC, for the
implementation of a comprehensive integrated multi-modal suburban commuter
transportation system for the NCR, to start with a corpus of Rs.100 crore.
A Memorandum of Understanding (MoU)
was signed in June, 2011 by the Government of India, the NCRPB and the State
Governments of Uttar Pradesh, Haryana. Rajasthan and the
Government of the National Capital Teritory of Delhi
(GNCTD) for the formation of the NCRTC.
***
SC/SM