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HindustanTimes Mon,15 Sep 2014

Noida eyes Metro Man Sreedharan for rail company

Vinod Rajput, Hindustan Times  Noida, September 27, 2013
First Published: 00:56 IST(27/9/2013) | Last Updated: 00:58 IST(27/9/2013)

The Noida authority on Thursday said it will rope in ‘Metro Man’ E Sreedharan to give shape to the Noida Metro Rail Company (NMRC).

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NMRC’s first mega project will be building a 29-kilometer-long metro link to connect Noida’s City Center to Greater Noida’s Bodaki.

This 29-km-long Metro project will require a budget of Rs. 5,000 crore, officials said.

“We have written a letter to E Sreedharan requesting him to be on board as an advisor for NMRC. Since he has vast experience of building and running Metro network, his guidance to NMRC will be crucial and valuable for us,” Rama Raman, chief executive officer (CEO) of Noida authority told Hindustan Times on Thursday.

The Uttar Pradesh state Cabinet is likely give its approval to NMRC in the upcoming Assembly session, officials hoped. The Cabinet has already given its in-principal approval to NMRC, which is likely to be formed with an initial capital of `1,000 crore.

“Once the state cabinet approves the proposal pertaining to NMRC formation, it will be sent for further approvals by the Center. We want an expert like Sreedharan as an advisor so that Noida Metro Rail Company’s quality of work is at par with that of Delhi Metro Rail Corporation that had built the Delhi Metro,” Raman said.

The Noida authority officials maintained that once Sreedharan is roped in several other international experts will be brought on board for the Noida Metro Rail Company.

“Sreedharan has become a brand associated with DMRC, which has a huge experience. His vision and expert skills will speed-up the NMRC work,” said another authority official, requesting anonymity.

E Sreedharan’s spokesperson, however, told Hindustan Times, “Let a letter from the Noida authority first come. He will then be able to comment on the issue.”UP’s two industrial authorities — the Noida and Greater Noida authority — will have 70:30 stake in NMRC.

 Last week, UP governor BL Joshi had honoured Sreedharan with an honorary doctorate degree in Noida.

As of now Sreedharan is working as the principal advisor to Delhi Metro Rail Corporation.


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