Polls over, Gurgaon’s pvt metro line back on track; deal soon
India’s first (and probably the world’s first) privately funded and operated Metro rail feeder train project, the Gurgaon Metro Rail Link, is set to take off again, reports Sanjeev K. Ahuja.india Updated: Nov 13, 2009 00:00 IST
India’s first (and probably the world’s first) privately funded and operated Metro rail feeder train project, the Gurgaon Metro Rail Link, is set to take off again.
The project had hit a
stumbling block as the election code of conduct had come into effect.
Now that the polls are over, the consortium company of ITNL Enso Rail Systems (IERS) and DLF Metro will sign the concession agreement with the Haryana government by the end of this month.
The Metro will act as a feeder system for Delhi Metro Rail Corporation’s (DMRC) main Gurgaon Metro line.
Sanjiv Rai, IERS managing director and chief executive officer, said the delay in signing the concession agreement would not affect the project significantly.
It will still be completed within 30 months of signing the pact.
“We have identified the quantum of land and initiated land acquisition process,” Rai said.
“So far as signing of the agreement with Haryana is concerned, we would be doing it by the end of November,” he said.