India's first pvt metro to roll in Gurgaon by 2013
Come 2013, residents of the Millennium City can travel both on the government-run Metro network as well as the futuristic privately funded Metro rail, on a single ticket. Sanjeev K Ahuja reports.india Updated: Jun 06, 2010 01:09 IST
Come 2013, residents of the Millennium City can travel both on the government-run Metro network as well as the futuristic privately funded Metro rail, on a single ticket.
On Saturday, the promoters of Rapid Metro Rail Gurgaon (RMG), the country's first privately-funded metro project, announced financial closure and launch of work on the 6.1 km overhead stretch that will directly benefit residents of DLF City (II& III), the National Media Centre, Ambience Lagoon and techies working in DLF Cybercity.
Those employed in the Udyog Vihar industrial estate, Ambience Mall and those working with the Leela and Trident hotels, can also use the network.
With the launch of the state-run Delhi Metro Rail Corporation's Metro in the next few days - an inspection is likely next week -Gurgaon residents, starved of effective public transport, will be relieved.
The ticket for all stations in the privately-run Metro for will be priced at Rs 10. The waiting time, five minutes to begin with, will be later cut to 1.5 minutes in peak hours.
"After getting the verbal nod from the Union Ministry of Urban Development, we achieved financial closure for Rs 1,088 crore RMG on Saturday," said Sanjiv Rai, managing director of Rapid Metro Rail Gurgaon Limited (RMGL), the company behind the project.
"We have identified contractor companies and allotted civil, electrification and signalling integration work. By next week, we would issue them work notices to start on-ground work," he added.
RMGL is a joint venture between ITNL ENSO Rail Systems Ltd, IL&FS Transportation Networks Ltd and DLF.
With an expected ridership of more than one lakh people every day, the trains would use the automatic train operation system that doesn't necessarily need a human driver.