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Table 2: List Of Projects
3 F O R M A T I O N O F M M R C
INNOVATION, CAPACITY BUILDING AND GENERAL SUPERVISION - FORMATION OF NATIONAL URBAN RAIL TRANSIT CORPORATION (NURTC)
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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.
Thus MMRC was formed:To justify the above statement flowing chart is prepared :
Project name MUMBAI METRO LINE 3 Nature
UNDERGROUND.
Setting Up of Special Purpose Vehicle (SPV) (2011,Detailed Project Report for Through Metro Corridor: Colaba – Bandra –SEEPZ)Final Report November, 2011 13‐2 Formation :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
mumbai urban transport policy 2 -MMRDA is the governing body
MMRC (appointed by MMRDA) as per suggestion by Central Government in 12th five year developemnt plan.
Mumbai Metro L ine 3(MMRC)
WORK PAKAGES (17Awarded to different contrators)
SUBMITTED BY: BHUMIKA RAJ UC5316
Figure 2:body organisation
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