India approves Delhi – Meerut rapid rail corridor

India’s Union Cabinet approved the construction of Delhi-Ghaziabad-Meerut rail corridor, called the ‘high-speed regional transit system’ which will provide fast and comfortable commuter services in the National Capital Region (NCR), a planning region centred upon the National Capital Territory of Delhi.
The project envisages the construction of an 82.15 km line, of which 68 km will be elevated and 14 km will be underground. The Delhi-Ghaziabad-Meerut transit system from Sarai Kale Khan in Delhi till Modipuram in Meerut will have 7 stations in Ghaziabad.
The value of the Regional Rapid Transit System is USD 4.25 billion (Rs. 30,274 crore), of which the Government of Uttar Pradesh will provide USD 913.5 million (Rs 6500 crore). The Uttar Pradesh government has recently provided USD 56.2 million (Rs 400 crore) for this project.
The project, which will be completed in 2024, will allow trains to run at speeds of 100 km/h, covering the 82-km distance within less than an hour.
This route is the first stage of the project which envisages the construction of other two corridors, on Delhi-Gurugram-Alwar and Delhi-Panipat routes. Under the plans, in the National Capital Region eight rapid transit corridors were identified as priority transport projects.
The new line will be integrated with the existing urban transport systems in an efficient and effective manner which is possible only by adopting innovative methods of designing, technology and institutional management.
The project is proposed to be undertaken by a Special Purpose Vehicle (SPV) namely the National Capital Region Transport Corporation (NCRTC) as a joint ownership of the Centre and State Governments with equal contribution, loan from multilateral/bilateral agency through the Department of Economic Affairs (DEA)/Ministry of Finance (MoF).

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