Figure 14:Flowchart Showing The Formation Of Insititutional Framework By Goi For Carrying Out Approvals

A P P R O VA L S A N D C L E A R AN C E S F O R T H E R P O H E C T

 APPROVALS-expression granting permission; an indication of agreement with a proposal; an acknowledgement that a person, thing or event meets requirements they usually occur one time.  CLEARANCES – It refers to a permission granted for actions to be carried out.

1 1 F O R M A T I O N O F S P V

ACT :Under The Companies Act 201311 is an Act of the Parliament of India on Indian company law which regulates incorporation of a company, responsibilities of a company, directors, dissolution of a company ((refer pg 95, project clearanes- total project management by PK Joy ))

All the metro rail projects are to be covered under the Metro Railways (Construction of Works) Act, 1978 and the Metro Railways (Operations and Maintenance) Act, 2002. However, the present Acts need some amendments to bring more specific provisions regarding PPP projects and also to empower State Governments within the ambit of the Constitution. It was suggested the Central Government should form NURTC to assist the State Governments in realizing their MRTS schemes. NURTC could take over such projects on a turnkey basis on deposit terms or function as General Consultants to the Special Purpose Vehicles which will be set up by the State Government for implementing and operating the MRTS project. Wherever the State Governments wish to employ International Consultants, NURTC should be engaged as Prime Consultants to safeguard the interest of the State Government and the Central Government. (MMRCL, Annual report, n.d.)12

APPROVAL AUTHORITY :URBAN TRANSPORT RAIL PROGRAM , MINISTRY OF HOUSING AND URBAN AFFAIRS ,GOI Setting up of MMRC Wherever the State Governments wish to employ International Consultants, NURTC should be engaged as Prime Consultants to safeguard the interest of the State Government and the Central Government(under companies act 2013)

BODY:GOM HAS THE RESPONSIBILITY IN GETTING OUT THE APPROVALS NEEDED :An SPV named MMRC (Mumbai Metro Rail Corporation Ltd.) was incorporated on 30.4.2008 with the mandate “To establish, Operate and Maintain Guided Urban Transit Systems in and around Mumbai City so as to meet the urban transport needs of Mumbai”.

Role :Vehicle (SPV), vested with adequate powers, is an effective organizational arrangement to implement and subsequently operate and maintain a metro rail project.

Figure 14:flowchart showing the formation of insititutional framework by GOI for carrying out approvals

11 https://www.mmrcl.com/sites/default/files/Annual%20Report%202014-15.pdf 12 http://mohua.gov.in/cms/Urban-Transport-Metro-Rail-Projects.php

F L O W C H A R T F R O A P P R OV A L S ( P R O JE C T C L E A R A NC E CY C L E ( P K JO Y P G : 3 5 ) )

MUMBAI METRO LINE 3

NEED FOR TRANSPORTATION PROJECT FOR BETTER CONNECTIVITY IN western and island city of Mumbai Statuyory clearances end

CHOOSING A UG METRO DUE TO MUMBAI CONGETSIONS AND NO SPACE AVAILABLE FOR CONSTRUCTION

1997 -Feasibility study carried out by MMPG(MMPG, a A consortium of TCS, CES, Autoriders, Lok Housing, PB & Construma)

PIB

CLEARANCE end

PRE FEASABILITY REPORT APPROVAL BY CPIB 2003 end

TECHNOECONOMIC FEASABILITY REPORT IN 2003

TEFR APPROVAL BY CSMR,PIB 2003

end

Dpr preparation by rites and mmrda/mmrcand application remaining stautory clearances 2011

Getting approval for funding under ppp whchi failed under vgf so alternative getting loan from jica under epc model

CCEA CLEARANCES end

Exchange of Notes between two government signing of loan(JICA AND GOI)

APPROVAL FROM STATE CABINET ANG GOM 2015 end

IMPEMENTATION 2016

A V A I L A B I L I T Yes or no

Description

Decision

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