The face of Indian cities is going in for a radical reform with these new mass transit systems being created.
http://www.hindu.com/2006/06/24/stor...2410870100.htm
It is interesting to see that each Metro project in each city has taken a different funding route. The Delhi metro was funded primarily by the state government and japan. The bombay metro is being funded by the state goverment and reliance (private sectory). the bangalore metro is being funded by the center and the state.
BANGALORE: Prime Minister Manmohan Singh will inaugurate the Rs. 6,395-crore 33-km Bangalore Metro Rail on Saturday pending signing of the Memorandum of Understanding (MoU) that will define the roles of the Centre, the State Government and Bangalore Metro Rail Corporation Ltd. (BMRC).
The inauguration of the new office of the BMRC on the premises of Shanthinagar Bus Station will take place at the same programme, scheduled to begin at 3.30 p.m. at the Police Parade Grounds near the Chinnaswamy Cricket Stadium.
The Centre, the State Government and BMRC are putting in Rs. 5 lakh each as equity to become joint owners of the Bangalore Metro Rail, V. Madhu, Managing Director, BMRC, said. The MoU would be signed in about a week.
To begin with, the BMRC will take up only the seven-km stretch of the east-west corridor — from M.G. Road to Byappanahlli.
Elevated expressway
The Prime Minister will inaugurate the work on Rs. 450-crore elevated expressway from Silk Board Junction to Electronics City on Hosur Road on National Highway 7.
It will have two-lane service roads, two underpasses, four pedestrian underpasses, two toll plazas and eight bus bays.
The inauguration of the new office of the BMRC on the premises of Shanthinagar Bus Station will take place at the same programme, scheduled to begin at 3.30 p.m. at the Police Parade Grounds near the Chinnaswamy Cricket Stadium.
The Centre, the State Government and BMRC are putting in Rs. 5 lakh each as equity to become joint owners of the Bangalore Metro Rail, V. Madhu, Managing Director, BMRC, said. The MoU would be signed in about a week.
To begin with, the BMRC will take up only the seven-km stretch of the east-west corridor — from M.G. Road to Byappanahlli.
Elevated expressway
The Prime Minister will inaugurate the work on Rs. 450-crore elevated expressway from Silk Board Junction to Electronics City on Hosur Road on National Highway 7.
It will have two-lane service roads, two underpasses, four pedestrian underpasses, two toll plazas and eight bus bays.
It is interesting to see that each Metro project in each city has taken a different funding route. The Delhi metro was funded primarily by the state government and japan. The bombay metro is being funded by the state goverment and reliance (private sectory). the bangalore metro is being funded by the center and the state.
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