PMC unveils Rs 19k cr plan to revamp public transport

Image
BS Reporter Mumbai/ Pune
Last Updated : Jan 29 2013 | 1:14 AM IST

The PMC administration has released a comprehensive mobility plan (CMP) worth Rs 19,000 crore prepared by Infrastructure Leasing and Financial Services (IL&FS), which it wants to implement in three phases.

The CMP talks of investments in bus rapid transit system, metro railway, monorail, a 300-foot wide ring road and also improved connectivity to airport.

The PMC will plan for a special purpose vehicle (SPV) to raise funds to execute this CMP, which is expected to revamp the civil infrastructure of Pune, Pimpri-Chinchwad and surrounding industrial belts like Hinjewadi, Chakan, Talegaon and Ranjangaon.

The CMP has put forward to the standing committee, which is expected to take a final call over this project in few days. Pune's public transport and pot-holed roads have faced severe criticism from almost every strata of the society.

While the industrial growth in and around the town has been excellent, the city has merely done anything to improve its infrastructure. PMC had last year appointed IL&FS to prepare a mobility plan to revamp the entire transportation scenario.

Apart from metrol rail and bus rapid transit (BRT), the plan also suggests to organise water transport through three rivers that flow across the city.

The first phase of this plan would be launched this year itself with projects worth Rs 5,910 crore to be executed. This includes purchase of new buses for BRT, water transport infrastructure, pedestrian subways, walking plazas, bridges and flyovers.

The second phase is expected to be launched in 2015 at an estimated cost of Rs 6,791 crore. The same would involve metro rail, underground metro rail, outer ring road, parking plazas and airport connectivity. The third phase would start in year 2020. It will have a monorail project worth Rs 6,600 crore.

"The report is focused on moving people safely across the city at cheap rates. If implemented, Pune will will have the best transportation infrastructure in the country," the report states.

*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: Jun 26 2008 | 12:00 AM IST

Next Story