STOCK MARKET BSE NSE

Officials' Egos Affecting Metro Works: Sreedharan

Published: 19th August 2015 04:51 AM  |   Last Updated: 19th August 2015 04:51 AM   |  A+A-

BENGALURU:  Delhi Metro Rail Corporation (DMRC) Principal Adviser Dr E Sreedharan on Tuesday dropped a warning that Namma Metro was heading towards becoming “an ailing public sector undertaking”. He blamed the “ego and false prestige” of BMRCL officials for the delay in completion of projects and the massive cost escalation.

Briefing newspersons in the company of DMRC adviser S N Venkata Rao, Sreedharan questioned the financial sustainability of Namma Metro. “Project costs have gone up by 60 per cent and it will not be able to pay back the loans taken,” he said. “Depending on the government for subsidies every year will be a very sad state of affairs,” he said. The Namma Metro services being operated presently are incurring huge losses daily.

OFFICAL.jpgThe logjam caused for a year at the Kempe Gowda Underground station (Majestic station) for a year now could have been redressed with the help of Delhi Metro much earlier, he said.

Sreedharan asked why Namma Metro did not seek help from DMRC when a cutter head broke. “Why are they refusing to take help from others?  Why are they having such a huge ego in such matters?” he asked.

Majestic Logjam

Coming down heavily on Namma Metro for not sticking to the Detailed Project Report prepared by him, Sreedharan said the DPR had stressed that the underground work at Majestic was the most important part of the project and work on it had be taken up from Day One.  “I had predicted Majestic will be the waterloo for Namma Metro and the DMRC even offered to do that portion for BMRCL,” Sreedharan said.

Technocrats Must Head The Project

Sreedharan insisted that only technocrats were capable of heading a complex, crucial project like Metro and lashed out at the State government for repeatedly posting bureaucrats as heads. “IAS officers are generalists not specialists and cannot take crucial technical decisions,” he said.

Insisting on the continuity of a person at the helm to ensure accountability, Sreedharan said Namma Metro had got its fifth Managing Director in a short span.  He wondered who will finally be at the helm to take ownership of the financial problems in future.



Comments

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 newindianexpress.com 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 newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com 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. newindianexpress.com reserves the right to take any or all comments down at any time.

IPL_2020
flipboard facebook twitter whatsapp