Delhi Metro Rail Corporation takes over Gurgaon Rapid Metro operations

Gurgaon Rapid Metro is owned by IL&FS Transportation Network Ltd (ITNL), a subsidiary of the bankrupt IL&FS group.

Published: 05th February 2019 09:02 AM  |   Last Updated: 05th February 2019 09:02 AM   |  A+A-

Delhi Metro train

Delhi Metro train

Express News Service

With the bankrupt IL&FS group struggling with myriad challenges, the Delhi Metro Rail Corporation  (DMRC) has come to the rescue of Gurgaon Rapid Metro, owned and operated by an IL&FS group firm, by taking over the metro’s operations.

Gurgaon Rapid Metro is owned by IL&FS Transportation Network Ltd (ITNL), a subsidiary of the bankrupt IL&FS group. The Rapid Metro was built on the Public Private Participation (PPP) model by the Haryana Government.

According to sources in the Ministry of Housing and Urban Affairs, the ministry had asked DMRC to take over the project after ITNL’s parent company IL&FS went bankrupt defaulting on debts and in October 2018, the central government took control of the management of IL&FS. Since then the Haryana government and the Centre have been planning for a smooth handover of the management.

This is the second time that the DMRC has come to the rescue of a private player. The first time it did so was when it took over operations of Airport Express Metro in 2013.

"From the start of the service on February 5, operations of Rapid Metro will be taken over by DMRC. The services will be run according to the existing timetable and fare," minutes of the DMRC meeting said.

Stay up to date on all the latest Delhi news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp