+
Delhi govt allocates Rs 1.5 bn for RRTS Corridors
RAILWAYS & METRO RAIL

Delhi govt allocates Rs 1.5 bn for RRTS Corridors

The initial instalment of Rs 1.5 bn from the Delhi government has been disbursed for the construction of two proposed rapid rail transit system corridors. Out of this, Rs 1 billion is allocated for the Delhi-Shahjahanpur-Neemrana-Behror line, while the remaining funds will be utilised for the Delhi-Panipat corridor.

In response to criticism from the Supreme Court, the transport department had requested a provision of Rs 4.95 billion in the revised budget estimates for the RRTS project. Despite no demand from the department this year, the finance department did not allocate any funds in the 2023-24 budget estimates for the construction of the Delhi-Meerut corridor, as well as the proposed Delhi-Panipat and Delhi-SNB lines.

Earlier disbursements of Rs 5 billion in May and Rs 4.95 billion this month, funded by the environment compensation charge collected from goods vehicles entering the capital, were made for the Delhi-Meerut section. The National Capital Region Transport Corporation has specified that the Delhi government's total share for the two proposed corridors amounts to Rs 57.04 billion, to be paid in annual instalments until 2028-29.

For the financial year 2024-25, Delhi is obligated to pay Rs 8 billion for the Delhi-SNB corridor and Rs 1 billion for the Delhi-Panipat line. Additionally, Rs 10.50 billion, Rs 13 billion, Rs 13.04 billion, and Rs 10 billion are expected to be paid in the subsequent financial years from 2025-26 to 2028-29, respectively.

The comprehensive cost of the three rapid rail corridors is estimated to exceed Rs 910 billion, with contributions from the Centre and the states of Uttar Pradesh, Haryana, and Rajasthan. The Delhi government acknowledges the annual financial commitment for the RRTS lines and plans to allocate the necessary funds from the 2024-25 budget onwards.

The initial instalment of Rs 1.5 bn from the Delhi government has been disbursed for the construction of two proposed rapid rail transit system corridors. Out of this, Rs 1 billion is allocated for the Delhi-Shahjahanpur-Neemrana-Behror line, while the remaining funds will be utilised for the Delhi-Panipat corridor. In response to criticism from the Supreme Court, the transport department had requested a provision of Rs 4.95 billion in the revised budget estimates for the RRTS project. Despite no demand from the department this year, the finance department did not allocate any funds in the 2023-24 budget estimates for the construction of the Delhi-Meerut corridor, as well as the proposed Delhi-Panipat and Delhi-SNB lines. Earlier disbursements of Rs 5 billion in May and Rs 4.95 billion this month, funded by the environment compensation charge collected from goods vehicles entering the capital, were made for the Delhi-Meerut section. The National Capital Region Transport Corporation has specified that the Delhi government's total share for the two proposed corridors amounts to Rs 57.04 billion, to be paid in annual instalments until 2028-29. For the financial year 2024-25, Delhi is obligated to pay Rs 8 billion for the Delhi-SNB corridor and Rs 1 billion for the Delhi-Panipat line. Additionally, Rs 10.50 billion, Rs 13 billion, Rs 13.04 billion, and Rs 10 billion are expected to be paid in the subsequent financial years from 2025-26 to 2028-29, respectively. The comprehensive cost of the three rapid rail corridors is estimated to exceed Rs 910 billion, with contributions from the Centre and the states of Uttar Pradesh, Haryana, and Rajasthan. The Delhi government acknowledges the annual financial commitment for the RRTS lines and plans to allocate the necessary funds from the 2024-25 budget onwards.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?