NCRTC Awarded Contract To M/S HDFC Bank Limited For Delhi-Meerut RRTS Corridor Financial Advisor Engagement

The main focus of the NCRTC is to achieve financial sustainability and development opportunities at Jangpura TOD Node.

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Delhi-Meerut RRTS
Image Source: NCRTC

NEW DELHI (Metro Rail News): National capital region transport Corporation Limited (NCRTC) has awarded the tender and issued a letter of acceptance (LoA) to M/s HDFC Bank Limited for the engagement of a financial advisor for transit Oriented Based Development of the land allocated to NCRTC at Jangpura, including Jangpura Stations and Stabling lines for Delhi-Merrut RRTS corridor project at an awarded value of Rs. 79,50,000.

In November 2022, NCRTC invited the tender for tender number DM/GC/COR-OF/189.

The Sarai Kale Khan RRTS Station has access to the Jangpura Stabling Yard and Station Site, which will be directly connected to Sarai Kale Khan Station. Therefore, passengers would have access to all three corridors from the Jangpura Station.

In the Delhi Meerut RRTS corridor stretch, the Jangpura site is expected to accommodate a stabling yard and finishing RRTS station. Additionally suggested are operational offices and living facilities for NCRTC.

The Jangpura RRTS Station has been certified as a TOD Node(Transit-Oriented Development)by DDA for use in accordance with the Delhi TOD Policy 2021.

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