The major collaboration contract to build the Bommasandra metro station of the Yellow Line was given to Bengaluru Metro Rail Corporation Limited (BMRCL) by Taiwanese firm Delta Electronics India Pvt Ltd. Under a new funding mechanism set up to strengthen the 19.15-km RV Road-Bommasandra metro corridor, three partnerships will be undertaken. Delta Electronics has so far made a contribution of Rs 65 crore towards the funding of the Bommasandra station that would upgrade the metro network of the city.
Expanding Bengaluru’s Metro System
The association of BMRCL with Delta Electronics marks a significant step in the process of expansion of Bengaluru’s metro, especially of the Yellow Line. It is part of a major initiative to make public infrastructure projects more sustainable and cost-effective by securing corporate funding.
This is the 2nd agreement after Konnappana Agrahara metro station with Infosys Foundation and Hebbagodi metro station with Biocon Foundation wherein corporates are funding the development of metro stations in lieu of long-term naming rights.
Delta Electronics Invests in Bommasandra Station
Delta Electronics has invested Rs 65 crore for developing the Bommasandra station on Hosur Road. Out of this amount, Rs 10 crore was paid earlier and the remaining has been paid recently. In return, BMRCL has provided the naming rights to the station for 30 years subject to state government approval.
Such financing models are increasingly becoming prevalent with private companies investing in developing public infrastructures for large urban projects. A prime example would be Delta, where businesses would support long-term infrastructure development initiatives like metro rail systems that both the city and its people benefit from.
The Yellow Line: Connecting Bengaluru’s Key Areas
The Yellow Line, to open early next year, is going to make connectivity much better between different parts of Bengaluru. It is a 19.15-km RV Road-Bommasandra corridor that will decrease traffic congestion and act as a sustainable transport alternative for the growing population in the city. The line will connect important commercial, industrial, and residential areas, thereby facilitating thousands of commuters every day.
The Yellow Line will reduce commuting time, improve air quality, and provide a reliable alternative to road-based transport by strengthening travel between the southern and southeastern parts of Bengaluru. The vision can be achieved through the key Bommasandra metro station so that the metro system can cope with the growing demands of public transport in the city.
More Corporate Partnerships
The MD BMRCL warmly welcomed Delta Electronics and even suggested that the remaining corporate entities along the metro corridors emulate it. He mentioned how the importance of collaboration between the corporations is growing and the fact that it is meeting the very fast-growing Bengaluru transport demands. As one of the rapidly growing metropolitan cities in India, there is a huge need to bring innovative solutions to its metro development financing.
Rao called other businesses to collaborate with BMRCL so that the metro network in the city can be bettered for the good of the environment and its citizenry. These corporate partnerships have really been a key to the speed of development of metro infrastructures and the transport system in the city.
Conclusion: A Brighter Future for Namma Metro
It marks a milestone in the metro expansion efforts of Bengaluru with Delta Electronics. As the city stretches out, projects like such have become an integral feature in trying to meet up with the challenge of urbanization. Such involvement in financing crucial projects by corporations signifies the important role corporate funding plays in cities’ infrastructural needs.
With Yellow Line launches and Namma Metro expansions, Bengaluru is now putting a big benchmark before the cities in India and all over. This innovative finance approach will improve metro accessibility, efficiency, and environmental sustainability, positioning Bengaluru as a model for smarter, more sustainable cities worldwide.
Refer :
Deccan Herald, Link to article
Also read : Delhi Metro’s New Corridor to Kundli, Haryana: A Key Development for Regional Connectivity