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Any self-sustainable public transport system can't depend on subsidies completely: DMRC MD

Chandigarh, Oct 12 (UNI) Delhi Metro Rail Corporation (DMRC) Managing Director Mangu Singh said on Friday that any self-sustainable public transport system like Delhi Metro cannot depend on subsidies completely as subsidy can only give a short term relief in the fare revision but, it affects the self-sustainable model of a public transport system.
Mr Singh, who has contributed significantly in the project implementation of Metro in Delhi and Kolkata, was addressing the students in JC Bose University of Science and Technology, YMCA Faridabad on the topic ‘Metro as sustainable urban transport’.
On being asked about the fare revision of Delhi Metro by a student during the interaction, the DMRC MD said that the fare of Delhi Metro was revised in the year 2017 after the gap of eight years as the last fare revision was done in 2009.
He apprised the students that Delhi Metro is adopting new technologies to reduce electricity cost like dynamic train scheduling, regenerative braking system and roof-top solar power. Delhi Metro needs to keep innovative new tools to improve operational efficiency.
Mr Singh, who has successfully headed the Clean Development Mechanism (CDM) projects of Delhi Metro – the only such successful project in the railway transportation sector in the world, said that all the new Metro stations would soon be powered with renewable energy as DMRC has signed an agreement with Solar Energy Corporation of India (SECI) to carry out projects for the production of renewable solar power in the Delhi Metro premises.
DMRC has also signed the Power Purchase Agreement for the same for 25 years and the DMRC would have to pay only energy charges for the actual energy generated. At present, DMRC’s expenditure towards energy constitutes 38 per cent of the total operational expenses, he added.
He said that punctuality is the key driver of Delhi Metro as it has maintained the 99.8 per cent of punctuality and zero accident in operation. He urged the students to maintain punctuality in their lives for success in career.
Earlier, addressing the session, Vice Chancellor Prof Dinesh Kumar said that the contribution of Mr Mangu Singh has played significant role in the unprecedented success of Metro Rail System in the country and he has brought revolutionary changes in Metro engineering projects across the country.
Mr Mangu Singh was involved in metro projects that were relatively new in the Indian context. Implementing something new is risky because one can never be sure of its returns and success rate. But one can never reap success until he or she tries. And this is an important lesson that all youngsters can learn from Mr Mangu Singh, he added.
UNI DB SHK1746
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ECI to review J&K security situation during Mar 4 visit ahead of Polls

22 Feb 2019 | 11:36 PM

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MP CM launches unique scheme envisaging jobs for youth

22 Feb 2019 | 11:30 PM

Bhopal, Feb 22 (UNI) Madhya Pradesh Chief Minister Kamal Nath averred on Friday that, for charting out the state’s golden future, a novel development map shall be created.

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Police takes out candle rally in memory of Pulwama martyrs in AP

22 Feb 2019 | 11:18 PM

Kakinada, Feb 22 (UNI) East Godavari district police personnel of all ranks held a mammoth candle rally on Friday along the Kakinada- Pithapuram road from district police office to Bhanugudi junction raising slogans in memory of the CRPF Jawans, who attained martyrdom during the terrorist attack on Srinagar- Jammu National Highway in Pulwama district.

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36 Special Trains between Hyderabad – Kochuveli & Hyderabad – Ernakulam

22 Feb 2019 | 11:07 PM

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