Germany’s Deutsche Bahn wins bid to operate and maintain Delhi-Ghaziabad-Meerut rapid rail
Germany’s Deutsche Bahn will operate and maintain the entire Delhi-Ghaziabad-Meerut rapid rail transit corridor for 12 years. According to officials from the National Capital Region Transport Corporation NSE 2.15 % (NCRTC), the winning bid value is estimated at Rs 1500 crores for the contract period.
This is the first time that comprehensive operation and maintenance (O&M) activities are being handed over to a private concessionaire. Traditionally, the public transport services such as the railways are developed and maintained by government entities.
