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Take immediate steps to form SPV for suburban rail, says P C Mohan

Member of the Parliament of Bengaluru Central P C Mohan has written to the Chief Minister asking immediate steps be taken to form the Special Purpose Vehicle (SPV) for suburban rail in Bengaluru.

Published: 01st June 2017 02:05 AM  |   Last Updated: 01st June 2017 07:00 AM   |  A+A-

By Express News Service

BENGALURU: Member of the Parliament of Bengaluru Central P C Mohan has written to the Chief Minister asking immediate steps be taken to form the Special Purpose Vehicle (SPV) for suburban rail in Bengaluru.

In a letter to Chief Minister Siddaramaiah, he said that no steps had been taken to form the SPV after signing a memorandum with the Railways in January this year.
“I am aware that the state government had asked for certain clarifications on the draft Indian Railways Suburban Rail Systems policy and the same has been shared with the government. Now that the Railways have come out with a final policy, applicable pan-India, more than 40 days ago, the state government has not shown any interest in moving forward on this issue,” he said.

He said the government should appoint a designated officer to head the SPV or appoint Karnataka Rail Infrastructure Development Corporation (K RIDE) as the implementing and coordinating agency.
“There has been a growing demand to run an electric multiple unit train between Byappanahalli and Whitefield to take pressure off the roads once the work on metro pillars start on this stretch and only an SPV will enable the running of such a train,” he added.



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