| Indian Railways News => | Topic started by Mafia on Apr 05, 2013 - 08:00:04 AM |
Title - ‘Win-win pact’ for Kochi metroPosted by : Mafia on Apr 05, 2013 - 08:00:04 AM |
|
|
Clearing the decks for the implementation of the Kochi Metro Rail project, Kochi Metro Rail Limited’s (KMRL) Director Board on Thursday decided to ink a contractual agreement with the Delhi Metro Rail Corporation (DMRC). The 11th board meeting also approved the agreement for executing the metro project in the 25-km-long Aluva-Pettah corridor.“The agreement was finalised after over a month-long negotiation (with the DMRC),” said the KMRL’s Managing Director, Elias George. “Our cardinal principle is to build a world class Metro and this is more important than the organisational structure. We are happy that the DMRC cooperated with us to frame a win-win agreement to ensure this.”Delay in finalising the agreement had invited flak. The agreement will be signed by Mr. Elias and DMRC’s Managing Director Mangu Singh, sources said.The pact has details like the functioning of an independent machinery to ensure the quality of works and division of works between the two agencies It will also have details on the accountability of the two agencies while implementing the project and legal matters.The technical parameters to be finalised include the dimensions and composition of the metro coaches. Only after the technical panel arrives at a decision on the length of coaches, the platforms’ length of the stations can be finalised. A technical panel headed by the KMRL Managing Director is expected to decide on the specifications within a week. S.D. Sarma, DMRC’s Director (Business Development) and Kochi Project Director P. Sriram presented the DMRC’s plan of action for the project during the meeting. The project will have to be commissioned by 2016. “Civil works are expected to begin in the Aluva-Kaloor international stadium stretch by May, since land acquisition here is minimal,” said sources. |