To take off some growing workload, the Delhi Metro Rail Corporation (DMRC), which caters to an average of 2.1 million commuters every day, may soon launch its sister concern.
With DMRC’s making forays into providing general and technical consultancy to metro projects in India and abroad, the union ministry of urban development recently proposed that the 8,000-staff strong corporation should form a subsidiary -- a special purpose vehicle -- to look after these assignments that earn revenue of about R50 crore annually for the organisation.
“The decision to form a subsidiary company of DMRC was discussed and finally decided in the board of directors’ meeting recently and the process has already been started,” said Mangu Singh, chief of DMRC.
He said both the union and state government had already given in-principle approval to this proposal. The subsidiary company may be named DMRC Consultancy Services, said sources.
The new company is being floated because the ongoing construction work in phase-3 in Delhi and NCR should not be hampered because of additional burden of consultancy services on the employees.
The need was felt following the appointment of the Delhi Metro as a consultant in the Kochi Metro Rail Project in Kerala, said sources.
Source - hindustan times