Monday, March 03, 2025 | 01:44 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Metro on rocky route: A Catch 22 situation for the future of urban projects

Two failed private metro operations have been taken over by the public sector, yet the private sector remains the sole engine of expansion for this mode of urban transport

delhi metro blue line
Premium

Jyoti Mukul
Some weeks from now, Delhi Metro Rail Corporation (DMRC), a joint venture of the Union and Delhi governments, will be running the operations of 11.7 km metro network in Gurugram, the country’s first privately-funded metro system. The two lines of the Rapid Metro Gurgaon are currently owned by the state government-owned Haryana Mass Rapid Transport Corporation (HMRTC), which took them over after the IL&FS group, imploding under a financial scandal, exited on September 9.

This is the second private metro that DMRC has taken over. In 2013, it took over the Delhi Airport Metro Expressline, previously operated by Anil Ambani's Reliance

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in