Monday, January 23, 2006

Chandigarh@abcnewsnetwork on23.01.2006

Chandigarh is planning for rapid transit system in near future
Chandigarh, January 23:- The Chandigarh Administration has invitedExpressions of Interest on global basis from interested project developersfor the Chandigarh rapid transit system. The advertisement in this regardappeared in newspapers on 22nd January, 2006, according to which theproject will be implemented in Union Territory, Chandigarh and isextendable to Panchkula and Mohali. A large number of passengers traveldaily from Panchkula and Mohali to Chandigarh and hence a coherenttransport system would have to cover all the three agglomerations. Thematter was under consideration with the Chandigarh Administration and theGovernments of Punjab and Haryana. A number of meetings have been heldbetween the senior officers of both the State Governments and theChandigarh Administration.It may be observed that the matter regarding implementation of a rapidtransit system in Chandigarh, Panchkula and Mohali has been underconsideration since 1997.Recently, M/s Rail India Technical & Economic Services, a Govt. of IndiaUndertaking were engaged as consultants for implementation of a suitablerail based transit system in the region on BOOT basis. ChandigarhAdministration has entered into an MOA with M/s RITES. As per theagreement, M/s RITES would provide project development consultancyservices right from the stage of preparation of the project report togrant of award to SPV. The total time for the consultancy would beabout 18 months.M/s RITES will prepare a Detailed Project Report, provide legal andinstitutional arrangements for the project, pre-qualification of bidders,bid process management, evaluation of proposals and selection of mostpreferred concessionaire, incorporation of SPV and award to SPV. In thefirst phase, the project would cover about 25 Kilometers of length andrun on two corridors – on Madhya Marg and Himalaya Marg. Importantdestinations like PGI, ISBT-17, Panjab University, Punjab and HaryanaCivil Secretariat, High Court of Punjab and Haryana, Rock Garden, SukhnaLake, Railway Station, Sector-34, ISBT-43, Manimajra will be covered inthe first phase. M/s RITES have started working on the project and thework of preparation of Detailed Project Report is in the process.The project is to be implemented on concession for a minimum period of 30years including three years of implementation period. The two maincorridors shall be planned for a minimum carrying capacity of 10,000persons per hour per direction (pphpd) upgradeable to around 30,000 pphpdin future. Additional corridors may also be planned. The project isproposed to be implemented on BOOT basis and the revenue stream shallconsist of user charges from the passengers and revenue fromadvertisements. The Administration will consider offering certainincentives and concessions such as permission for property development onfloor space basis at stations and depots, viability gap funding andcertain taxes and duties exemptions.Giving the above details, a press release by Chandigarh Administrationsaid that interested National and International applicants with proventrack record in Monorail/MRTS technology and infrastructure developmentwith sound financial capabilities may apply either individually or as agroup (not exceeding 5 constituents) through a Strategic Member of thegroup. The expressions are to be submitted to M/s RITES by 22.3.2006. Therelease further said that the demand of a rapid transit system inChandigarh and the adjoining towns of Panchkula and Mohali have been longfelt by the citizens. In view of the increasing number of vehicles in theregion and keeping in view the future transport requirements, such atransport system will go a long way in improving the urban life.


Post a Comment

<< Home