NEW DELHI: All stakeholders in the ambitious rapid rail network in the National Capital Region (NCR) including Delhi, Haryana, Rajasthan and Uttar Pradesh governments on Thursday signed an agreement to set up National Capital Region Transport Corporation (NCRTC) to implement the projects. While they committed to extend support for early take off, there are larger questions on funding and "unresolved" issues on alignment including whether the lines can pass through Delhi.
Although the project cost of three priority lines - Delhi-Panipat, Delhi-Alwar and Delhi-Meerut - was earlier pegged at Rs 72,000, it would cross Rs 1 lakh crore when the detailed project reports (DPR) would be out in the next 2-3 weeks. "The revised cost would be at 2013 prices. But the project implementation cannot be delayed as it would result in cost and time overrun," NCR Planning Board member secretary Naini Jayaseelan said.
A top Haryana government official told TOI that the 111-km stretch of Delhi-Panipat would be taken up first. "Options of funding would be worked out soon. We will be in a position to fund a portion of the project cost," he added. Another state representative said they have been demanding that the Centre provide substantial investment since this is a project of national importance.
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