Punjab signs MoU with DMRC for Ludhiana Metro
Punjab Government today signed a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC) for introducing Metro rail services in Ludhiana.
By PTI |
CHANDIGARH: Punjab Government today signed a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC) for introducing Metro rail services in Ludhiana.
The MoU was signed by DMRC Chief Engineer (Consultancy) S D Sharma and Punjab Infrastructure Development Board Managing Director SS Sandhu here today.
An official spokesman said a similar rail system would be set up at Amritsar and Mohali too, steps for which are also being taken on priority.
The Detailed Project Report (DPR) of the 25 km Ludhiana Metro Rail Project would be prepared by DMRC within six months after which the project would be bid out for construction at an estimated cost of Rs 3,000 crore, the spokesperson said.
The project is proposed to be developed through Public Private Partnership ( PPP) or Built Operate Own (BOO) mode.
It is aimed to address the highly congested traffic conditions within the city. The system would also provide a variety of other benefits to the city like saving in vehicle operating costs, fuel cost, travel time and pollution.
After the DPR is released, the construction is likely to start within a year and the first phase is likely to be completed within four years, the spokesperson said.
Punjab would be the first state in the region outside the National Capital to introduce Mass Rapid Transit System, he added.
Chief Minister Parkash Singh Badal has described the MoU as a historic landmark and said this would completely revolutionise the development scenario in the state.
The MoU was signed by DMRC Chief Engineer (Consultancy) S D Sharma and Punjab Infrastructure Development Board Managing Director SS Sandhu here today.
An official spokesman said a similar rail system would be set up at Amritsar and Mohali too, steps for which are also being taken on priority.
The Detailed Project Report (DPR) of the 25 km Ludhiana Metro Rail Project would be prepared by DMRC within six months after which the project would be bid out for construction at an estimated cost of Rs 3,000 crore, the spokesperson said.
The project is proposed to be developed through Public Private Partnership ( PPP) or Built Operate Own (BOO) mode.
It is aimed to address the highly congested traffic conditions within the city. The system would also provide a variety of other benefits to the city like saving in vehicle operating costs, fuel cost, travel time and pollution.
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After the DPR is released, the construction is likely to start within a year and the first phase is likely to be completed within four years, the spokesperson said.
Punjab would be the first state in the region outside the National Capital to introduce Mass Rapid Transit System, he added.
Chief Minister Parkash Singh Badal has described the MoU as a historic landmark and said this would completely revolutionise the development scenario in the state.
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