Delhi Metro to assist in operating Noida-Greater Noida Metro corridor

The DMRC will help the NMRC hire people during its pre-commercial operation period

Delhi Metro to assist in operating Noida-Greater Noida Metro corridor
IANS New Delhi
Last Updated : Jul 29 2016 | 6:50 PM IST

Don't want to miss the best from Business Standard?

The Delhi Metro Rail Corporation (DMRC) said on Friday it will assist Noida Metro Rail Corporation (NMRC) in operating and maintaining the 29.7-km-long Noida-Greater Noida Metro corridor.

A memorandum of understanding (MoU) to this effect was signed between the two entities on Friday.

The DMRC will be providing the assistance to the NMRC until the latter develops the expertise to operate and maintain the corridor itself.

"The assistance would be rendered during the pre-commercial operation period and three years post commercial operation period of the NMRC. The agreement may be extended with mutual consent," said a statement from the DMRC.

The DMRC will help the NMRC hire people during its pre-commercial operation period.

The construction work of Noida-Greater Noida corridor is already being executed by the DMRC as the project management consultant.

The DMRC has been involved in planning, consultancy or construction of almost all Metro rail projects across the country, including 9.25-km-long Jaipur Metro corridor which became operational in June 2015.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 29 2016 | 5:56 PM IST

Next Story