I thnk some where around Rs 100 crore as per the Company Act, 1956 to design, develop,
implement, finance, operate and maintain the regional rail rapid transit
system in National Capital Region
Guys actually, capital for the firm will be contributed by seven Government agencies,
wherein, 50 percent fund will be contributed by Central Government
agencies and 50 per cent from State Government agencies. The fund share
by various agencies will be like this: Ministry of Urban Development
(22.5%), Ministry of Railways (22.5%), Government of NCT Delhi (12.5%),
Haryana (12.5%), Uttar Pradesh (12.5%), Rajasthan (12.5%) and National
Capital Region Planning Board (5%).
the actual cost, financing, route alignments, real estate development, through the transit-oriented development will be firmed up and frozen in the detailed project reports, which are currently in finalization stage.
The corridors are being developed to provide fast and convenient transit to many NCR areas and to influence high growth in transport demand. The announcement is expected to add to the real estate development along the corridors.
Yes finally the Regional Rapid Transit System corridors got a green signal to go ahead,which will directly connect Delhi with Alwar, Meerut and Panipat.