DELHI METRO RAIL

“Everyone who has travelled by the Delhi Metro wants one in his/her city.”

Delhi metro was meant to solve Delhi’s traffic problems, which

had become unmanageable.

The first step to build the metro system in the city was taken in

early 1990’s.

In 1995 the Govt. Of India(GOI) & the Govt. of the National

Capital Territory of Delhi(GNCTD) formed the Delhi Metro Rail

Corporation ltd.(DMRC) to construct the Delhi metro.

It was considered as a social sector project .

E.Sreedharan was appointed as Project Manager for phase 1 in

November 1997 who was the Managing Director(MD) of DMRC

The Work on line 1 of phase 1 started in October 1998.

PROJECT OVERVIEW

PROJECT OVERVIEW In order to implement the Delhi Metro Project ,the GOI & GNCTD set up a 50:50

joint venture company called Delhi Metro Rail Corporation Ltd.(DMRC) in 1995.

The company had to complete the phase 1 of the project within 10 years by 2005.

The proposal for phase 1 of the Delhi Metro Project was approved by the GOI in

September 1996.

Phase 1 was to connect Delhi’s Business, Education & Shopping districts.

It was to cover 340 hectares of land (of which 58% was govt. land ,39% private

agricultural land & 3 % private urban land).

It involved the construction of 3 lines with total length of 56 km, 50 stations (10

underground) & 3 maintenance depots.

PROJECT OVERVIEW

PROJECT OVERVIEW

FUNDING The total cost of the first phase of the project was estimated to be Rs. 60 billion

at April 1996.

Later in 2002 the cost rose by 10 % per year in 2002 & the estimate was

revised to be Rs. 89.27 billion.

The financial plan for phase 1 was approved by GNCTD & GOI in 1996 of which

28% was to be financed by equity.

60% of the project funding was to be provided by the Overseas Economic

Cooperation Fund (OECF) which later became JBIC.

Japan Bank for International Co-operation (JBIC), now called the Japan

International Cooperation Agency (JICA) provided a time sliced loan where the

payment period for each loan was 30 years.

FUNDING The remaining 7% for Phase I came from property development such as food

outlets, ATMs, kiosks, and other ventures.

5% from Interest-free Subordinate Debt

FUNDINGLoans from JBIC

DMRC has already paid back $100m to JICA by August 2010.

IMPORTANT CONTRACTORS

REVENUE SOURCE AND STRUCTURE OF DMRC

Selling from token Selling from smart card Selling from tourist card By advertising Selling from property

development

REVENUE SOURCE AND STRUCTURE OF DMRC

Total Revenue generated in the year 2015-16 was Rs. 4344.25 crore inclusive of income from Traffic Operations, Real Estate, Consultancy & external projects

CHALLENGES FACED BY DELHI METRO Land/property acquisition and Resettlement and Rehabilitation (R&R)

related issues Over-estimation of traffic demand forecasts/ridership estimation Underground versus elevated corridor Loss of Trees/Green cover Noise Pollution and Vibration Issues Accidents during construction phase Traffic issues during construction phase Property Development along the Metro Rail Corridors

DELHI METRO V/S MUMBAI METRO Mumbai metro has been constructed on public-private partnership

project, whereas Delhi metro was constructed through joint venture company called DMRC between the GOI & GNCTD.

Cheapest fare for the Mumbai metro is Rs. 10 as compared to Delhi metro’s Rs. 8

With a total length of about 189.93 kilometres serving 143 stations, Delhi metro is world’s thirteenth largest metro system. Mumbai metro currently covers a total length of 11.4 km serving 12 stations.

The first coach of every train in Delhi metro is reserved for women but Mumbai metro has only few reserved seats for women. So it’s ‘travel at ease’ for women passengers in Delhi metro.

Cost of Metro Corridors in Mumbai is higher than Delhi Metro, due to higher land acquisition costs and absence of various incentives/tax exemptions.

Prepared By : Prasad Bhargave 05Chirag Chonkar 11Prashant Dabhade 12Noman Mansoori 27Roopesh Nulke 33Sumeet Shukla 50Amit Upadhyay 59