India: Mass Rapid Transit System

The Government of India and the Government of National Capital Territory of Delhi, in equal partnership, set up a company named Delhi Metro Rail Corporation Ltd. under the Companies Act, 1956, to construct a MRTS in Delhi.  This Metro system will be integrated with other means of mass transit and will alleviate traffic congestion on national highways, thereby reducing the number of accidents and increasing public safety.  It will also reduce harmful emissions and pollution.

Date Implemented: 1995

Status: In Force; Government Initiative

Funding Information:The completion cost has been estimated as Rs.10, 571 crores or approximately USD $3 billion.

Milestones: Delhi Metro Rail Corporation Ltd. was given a mandate to construct 65.11 Kms of Metro Rail tracks in Delhi by 2005. As of Dec 2004, the project was 84% complete.

References: Delhi Metro Rail Corporation, Ltd.

http://www.delhimetrorail.com/corporates/index.html