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Delhi Metro Phase IV opens options for PPP and private operators, India [free access]

November 14, 2018

The Indian Ministry of Housing and Urban Affairs has approved the proposal submitted by the Delhi Metro Rail Corporation (DMRC) to allow private operators to operate trains on Phase IV of Delhi Metro and provide compensation on a per kilometre basis.

 

Further, DMRC has approved the proposal to procure 300 metro coaches on a lease basis under a new public private partnership (PPP) model. The timeline of the procurement process has not been announced yet.

 

Phase IV of the Delhi Metro involves the development of three new lines and the extension of three existing lines, which will together span 103.93 km by December 2024. The required investment of INR456.03 billion is being financed by the national government and the state government.

 

(1 INR [Indian Rupee] = 0.01 USD)