Friday 20 May 2016

Noida Metro To Replicate Kochi Metro’s Financial Model

The Noida Metro Rail Corporation (NMRC) has said that it has chosen to imitate the monetary model of Kochi Metro Rail. It will likewise receive operational administration procedures from the Chennai Metro.

A four-part NMRC group will go to Kochi and Chennai for a study visit to take in their techniques and actualize them on the under-development 30-km Noida-Greater Noida Metro venture, which is relied upon to be opened to open in March 2017.

"The group will concentrate how Kochi Metro Rail oversaw assets to manufacture the undertaking. We have learnt that Kochi Metro is independent and deals with its budgetary necessities easily. We need the Noida Metro to wind up monetarily self-subordinate as well," said Saumya Srivastava, vice president official officer (DCEO) of the Noida power.

"We need to gain from Kochi how we can raise reserves and what their income era model is. To support any venture, we have to make benefit. In this way, we will need to deal with those lines," he included.

At present, the Noida power is financing the Noida-Greater Noida venture, which has a financial plan of Rs 5,400 crore. The Union urban improvement service has additionally guaranteed money related help.



The NMRC chose to send a group of authorities to Kochi after its Metro executive (frameworks) Praveen Goyal sent a welcome because of NMRC's letter asking about their monetary model.


The Kochi Metro rail venture began on June 7, 2013, with a due date of June 2016, said NMRC authorities.


"Chennai Metro rail, which began operations on June 29, 2015, has 42 stations on a 45-km course. They are utilizing propelled innovation that empowers only one individual to oversee operations for an entire metro station. We need to duplicate the same innovation so we can cut expenses without trading off on traveler administration," said Srivastava.

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