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#12181 | |
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Registered User
Join Date: Apr 2012
Posts: 343
Likes (Received): 72
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Delhi Airport metro closed down indefinitely :(
http://www.ndtv.com/article/cities/h...ome-topstories
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Bit of number crunching to understand the financials: With 15k ridership, total collection would be approx 15000xRs.80= Rs12 lakh per day. For the 16 months it ran, total recovery = Rs 12 lakh x 16 months x 30 days = ~57.6 crore. Poor chap. Forget about capital cost, he would not be recovering his operating cost also! Sivasailam has said BMRC is breaking even on operational cost with ~25K per day ridership. Revenue=25000xRs.15=3.75 lakh per day. Numbers apart, the Bangalore planners better put their heads down & think properly on connectivity to BIA. Its a tricky decision as has been coming out from discussions on this forum also. HSRL or metro is the 1st question, PPP implementation or otherwise is 2nd. HSRL with PPP has faced both technical and financial viability problems in Delhi. BIA currently operates at 1/3rd or lesser capacity than IGIA and will not beat IGIA on capacity for life. So, we better think very objectively on the connectivity options |
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#12182 |
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Registered User
Join Date: Mar 2012
Location: Bengaluru
Posts: 159
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The minimum ticket rate for Delhi Airport Express must have been atleast around 250 as they re even checking in the baggage,Rs.80 is really cheap
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#12183 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 9
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#12184 | |
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nash
Join Date: Apr 2009
Location: bangalore
Posts: 3,447
Likes (Received): 9
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Airport Metro line services suspended from Sunday
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going by your figure bangalore metro might have ridership of max 80000 inclusive of all four reaches we have pumped in close to 9000 crores 80000 * INR 25=20 lakhs/day for 9000 Crore Investment |
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#12185 |
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Punjabi for Life..!!!
Join Date: Aug 2010
Location: New Delhi
Posts: 4,145
Likes (Received): 86
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Guys relax delhi airport metro has been closed due to some technical up gradation and some other work..is not due to financials...
@ Suraj....Ridership is not the only revenue....they earn revenue's through commercials at stations and advertisements as well...which makes up for huge numbers here in Delhi... |
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#12186 | |
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Registered User
Join Date: Mar 2012
Location: Bengaluru
Posts: 159
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#12187 |
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Registered User
Join Date: May 2009
Posts: 9,920
Likes (Received): 213
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That would have made it even less popular
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Delhi Metro | Mumbai Metro |Bangalore Metro | Kolkata Metro | Hyderabad Metro | Navi Mumbai Metro | Ahmedabad Metro |
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#12188 |
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Punjabi for Life..!!!
Join Date: Aug 2010
Location: New Delhi
Posts: 4,145
Likes (Received): 86
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What???? This for sure cannot be the reason....It passes thru the ridge area for most of the time....also, there are no residences alongs its run on from Rajinder Nagar to Airport....
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#12189 |
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Registered User
Join Date: Jul 2009
Posts: 33
Likes (Received): 0
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#12190 |
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Registered User
Join Date: Apr 2012
Posts: 343
Likes (Received): 72
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Non-bleeding rail link to BIA possible?
Reason for suspension of airport metro is declared ‘officially’ now. As usual, media are trying to probe more and publishing half-known things.
However, its also true that there have been differences between DMRC & Reliance on some aspects. There has been news around it in the past. Not the right place to debate it. @Master: Agreed. Even after adding non-passenger revenue, how close are DAME to their operating cost? Not to their acceptable comfort level for sure. If the airport express line had integrated to metro mainline at 2-3 more places, would ridership have improved for DAME? May be yes; May be not much- we don’t know. Again not the right place to debate. Only intent is to say that – a. Bangalore/BMRC & DMRC should understand the airport traveller better. Objective: Maximize passenger footfall & revenue b. Explore additional options for viable operations (HSRL reduces band for ad-revenue due to lesser no. of stations) From Bangalore’s context, its relevant because- 1. Rail link to BIA is still on drawing board. No one wants an empty train running to BIA & a white elephant for the Private partner. Fact is IGIA is 3-4 times of BIA on passenger movement. If HSRL to such a high density airport is not getting reasonable revenue (passenger+non-passenger) to sustain operations, then will Bangalore which is exploring similar connectivity option with double the distance(=double investment) & 1/3rd of target market size succeed with the same format? [Not impossible but as of now-"NO"] 2. PPP for rolling stock, O&M is considered for 1 line in Ph-2. Good chance to understand its pros & cons thru Del & Hyd metro experiences. |
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#12191 |
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Registered User
Join Date: Jun 2011
Posts: 90
Likes (Received): 0
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Delhi airport metro likely to resume services in August, says Government
Reported by Sonal Mehrotra, Edited by Abhinav Bhatt (With PTI inputs) | Updated: July 07, 2012 18:50 IST Ads by Google Airport Information – See Who Flies To & From Airports. Get All the Info, Compare & Save! www.Skyscanner.co.in/Airports New Delhi: A day after suspending operations for an indefinite period at the Delhi Airport Metro Express, due to safety issues, the government today assured the public that it will be reopened once necessary repairs are complete. "The Reliance Infrastructure reported that there are some defects in the civil structure. There are problems with the bearing which is the interface between the pillar and girder. Repairs have to be done below the girders and it is in odd kind of locations," said Sudhir Krishna, Secretary, Urban Development. The 23-kilometre-long Delhi Airport Metro Express is one of the country's fastest metro corridors where trains run at speeds of 105 kilometres per hour. The line is barely 16 months old. Reliance Infra operates and maintains the corridor, but the civil structure was built by the Delhi Metro Rail Corporation (DMRC). Over 10 percent of the bearings, that's about 230 out of 2100, need repair. Reliance Infra says the defects first surfaced during the annual inspection in May 2012 by the operator, Delhi Airport Metro Express, a subsidiary of Reliance Infra. The operator then reported the defects to the DMRC, the Government of India and the Government of Delhi early in June 2012. Following the serious concerns raised by the operator regarding safety, speeds on the corridor were reduced to 25 kilometres per hour. The DMRC admitted the defects in the civil structures and has agreed to carry out necessary rectifications. A committee comprising officials from the Indian Railways, Delhi Metro and Reliance Infrastructure is already going into the nature of defects and would submit a report within the next 10 days. For a project that cost nearly Rs. 6000 crore, and used daily by thousands of commuters travelling to and from the capital's international airport, the inconvenience is huge. "There was no prior announcement, but today they informed that they are closing, I am shocked," said a dejected commuter. "I come from Dwarka to Shivaji stadium line. It had been very easy for me, but now it's going to be difficult," said another. A suspension of two months that could well be further delayed for inspections and clearances once the repair is done means the impact on the image of India's flagship mass transit system is equally huge. For NDTV Updates, http://www.ndtv.com/article/cities/d...om=home-cities |
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#12192 |
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Registered User
Join Date: Oct 2010
Posts: 6,149
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Why is every1 posting Delhi Airport line updates in B'luru metro thread
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W o R l D 8 i i5 - In Urbanity I trust
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#12193 |
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Registered User
Join Date: May 2012
Location: Heaven
Posts: 436
Likes (Received): 123
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![]() EXACTLY// |
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#12194 |
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Registered User
Join Date: Oct 2011
Posts: 216
Likes (Received): 0
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‘Housing for the poor need not be poor housing’
Source : DH
http://www.deccanherald.com/content/...-not-poor.html Housing projects for the poor need not be poor housing, N Sivasailam, Managing Director, Bangalore Metro Rail Corporation Limited (BMRCL), said on Saturday. Sivasailam, who was conferred a ‘Vocational Excellency Award’ by the Rotary Club of Bangalore, said there were excellent opportunities in the field of housing in the coming years. Commenting on Rotary Bangalore’s theme for the year 2012-13, ‘Housing for poor’, he said it was a welcome move and the project, in association with Rajiv Gandhi Housing Corporation, would go a long way in helping the needy. Rotary Bangalore plans to build 200 houses for the poor in Pavagada, Tumkur district, this year. Sivasailam, who has experience working with the State’s Housing Department, said better housing would go a long way in improving the living conditions of the poor. “Even in BMRCL, I have seen this working. After we rehabilitated two slums in Bangalore, bad habits among residents there such as drinking came down drastically. More children from these families are going to school and criminal activities too have come down,” he added. As part of the programme, various office-bearers for the Rotary Club of Bangalore (Highgrounds) for the year 2012-13 were installed. |
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#12195 |
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Registered User
Join Date: Oct 2011
Posts: 216
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Newly appointed BEML chairman Dwarakanath took bribe: alleges RTI activist KS Periyaswamy
Source : Tehelka
http://www.tehelka.com/story_main53....CORRUPTION.asp Dwarakanath, along with VRS Natarajan, allegedly caused BEML a loss of Rs 160 crore in the Bangalore metro coaches' deal Even as the Central Bureau of Investigation (CBI) closes in on former Bharat Earth Movers Limited (BEML) chairman VRS Natarajan for his role in the Tatra truck scam, the newly appointed chairman P Dwarakanath is now facing allegations of manipulating a contract to supply rail coaches for the Bangalore Metro. According to BEML shareholder and RTI activist KS Periyaswamy — whose activism led to the suspension of VRS Natarajan — P Dwarakanth and Natarjan accepted a bribe of Rs 40 crore to favour Mitsubishi Corporation, Rotem and Melco. This has caused a loss of Rs 160 crore to BEML, said Periyaswamy. Bangalore Metro was a long standing demand of Bangalorean’s to ease city’s congested traffic. The state government mulled over this issue for two decades, and in 2006 set the ball rolling for the project. In 2008, the Bangalore Metro Corporation put out a tender for the supply of 150 rail coaches. Among the companies that had applied, BEML was selected as it had made the lowest bid. The Public Sector Unit (PSU) BEML, along with multinational corporations (MNCs) Mitsubishi Corporation, Korean rolling stock major Rotem and Japan based Melco as part of a consortium, bagged the order for Rs 1,832.53 crores. During the time of the tendering, as part of the deal, BEML was to share 24.5% (Rs 448.96 crores) whereas the other three MNCs were supposed to share among themselves 75.5% (Rs 1,383.57 crores). However, when the deal was in its final phase, Bangalore Metro Rail Corporation Limited (BMRCL) re-negotiated and reduced the amount to Rs 1,672.52 crores. BEML readily accepted to settle for the new amount, even if it meant a huge reduction of close to Rs 200 crores from its earliest order. Apart from that, P Dwarakanth who was then Director of (Rail and Metro) BEML, even reduced the percentage share of BEML from the consortium. From its earlier 24.5 percent, BEML's share percentage was reduced to 19.4% (Rs 318.44 crores), whereas the share of the MNCs went up to 81.5% (Rs 1,354.07 crores). By this change in share percentage, BEML lost out Rs 91 crores. And by the total change of supply order, BEML incurred a loss of close to Rs 160 crores. “Why did BEML settle for a lower price after its tender was accepted as it was the lowest bidder? Why did it reduce its share percentage and give it to the MNCs,” asks 59-year-old Periyaswamy, who has written to the President and Defence Minister demanding a CBI probe in to this issue. It is not the first time that Periyaswamy has exposed such irregularities in BEML. In November 2002, Periyaswamy an employee of BEML, had written to the Joint Secretary of the Ministry of Defence demanding a probe into the supply order for Tatra trucks. In 2007, he had brought forth the illegal export of iron ore by BEML to the tune of Rs 118 crores. Investigating officer P Shailaja of CBI Hyderabad had found Natarajan liable under criminal law. Natarajan misusing his official position and getting undue favours worth several crores from BEMLemployment co-operative society was also brought forth by Periyaswamy. In 2009, Periyaswamy had raised the issue of loss to BEML in the metro coaches’ deal in the annual general meeting (AGM). “The reply I got was amusing,” says Periyaswamy. According to the AGM report (a copy of which is with Tehelka), the decision to re-negotiate was taken considering “the long term prospects of the project... the revenue in the long run would be reasonable.” However, Periyaswamy alleges that in metro coaches’ deal, more than Rs 40 crores was given to Natarajan, Dwarakanath and M Pitchiah, Director of Finance, BEML. “I don’t have proof but CBI would be able to establish it,” he says. Both Natarajan and Dwarakanath were unavailable for comment. |
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#12196 | |
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Registered User
Join Date: Jan 2010
Location: New Delhi
Posts: 791
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2. Its their fault and they have to bear it. 3. Govt. should impose heavy penalty on Reliance for: a.) Endangering the life of thousands of Indians and Foreigners who have traveled on this unsafe shoddy structure. b.) And for not following agreement by running trains lower then the desired speed. 4. The DMRC/Indian Railway should also be punished for allowing this unsafe metro to run. Why they have approved the shoddy structure? 5. Otherwise other companies in other cities will also build cheap and weak metro infrastructure and it will endanger the life of general public. |
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#12197 | |
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Join Date: Mar 2012
Location: Bengaluru
Posts: 159
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#12198 | |
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Registered User
Join Date: Oct 2007
Posts: 1,754
Likes (Received): 103
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Only point no. 4 is the valid one ... DMRC has to be punished twice ... Once for being the one who built the line .. Second for approving n certifying ... Where r u Mangu Singh? |
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#12199 | |
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Join Date: Mar 2012
Location: Bengaluru
Posts: 159
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#12200 | |
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Registered User
Join Date: Oct 2007
Posts: 1,754
Likes (Received): 103
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