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Final shape being given to new law for metro networks

Press Trust of India  |  New Delhi 

Final shape is being given to a proposed new legislation that will replace the existing two laws related to construction, operation and maintenance of across the country, a top today said.

D S Mishra said the new law has been warranted because the paradigm in the field has changed.

"The two existing laws related to operation and maintenance, and construction, have become very old, and they were formulated when the scenario was completely different. Now the situation has changed. And, the new law would seek to address all the issues faced by metro networks," he said.

Mishra said, the issue of land acquisition and public-private-partnership model has evolved, and the legislation that will replace the existing laws will "create an ecosystem that will further the growth story of the metros".

He was interacting with reporters on the sidelines of the launch of 'I-Metros' or Indian Metros Rail Organisations Society, an association of all Indian metro rail companies, at a conference on 'Indian Metros: Collaborating for Excellence' held at Metro Bhawan here.

"We have been working on it for the last two years. And. the legislative department (of the Law Ministry) is giving final shape, after which it will go to Cabinet as per the due procedure," he said.

The Metro Railway (Operations and Maintenance) Act, 2002, is an Act of the Parliament that governs the operations of in

Mishra also said that currently the span of all operational in the country stands at 425 km. And, another 700 kms are under construction in 13 cities, he said.

"By the end of this year, 600 km will become operational," he added.

P K Sinha, in his address said this new platform (I-Metros) "will go a long way, if things progress in the right spirt by adopting the best practices and the latest technologies".

Mishra said, this new platform will allow them to share experiences, challenges, and learn from each other for the better.

"The MDs, directors, would be connected. And, new technologies, new innovations can be shared. Also, we will bring in our Institute of Urban Transport, so that it can be shared in electronic mode," the said.

Sinha said revenues from passengers segment will always be a challenge, so metros should "look at other innovative ways whereby they can raise revenues and make it self-sustaining ventures".

Sinha also released 'The Operators Story', a publication by the and Railway and Strategy Centre (RTSC), Imperial College, London, on the findings of the research on what makes metros successful.

The study analysed metros of various countries, including of Hong Kong, Barcelona, and Kuala Lampur, an offcial from the said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 17:25 IST