Jaipur Metro

Jaipur Metro
Jaipur Metro

Thursday 6 August 2015

Jaipur Metro to PPP Mode

The Verdict for handling over Metro to PPP to come this month.

As Indian companies are not too keen to handle metro through PPP, hence some international companies have come forward for the same. Four companies have inspected metro in the past three months. After a final meeting with two of those companies, the verdict could be out this month itself.

The company that plans to take up the 2nd phase of metro through PPP would also be responsible for the phase one. At present, the government is looking after phase one for which a loan of 969 crore rupees have been taken, and this would have to be paid by the company which takes over the phases by PPP model.

Singapore’s SMRT company and AMT Company of china and America have been in talks with officials regarding this project take over. The American company wanted wheel less metro as their requirement. Also Malaysian company CIDB’s officials have also had many discussions with our officials regarding the same. CIDB’s company officials are visiting on Monday again for a 3-day visit and meeting with Metro’s CMD NC Goyal.

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