mrvc seminar on urban transport
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A ReportUrban Transport:
Challenges & Solutions
20th Feb 2013
www.abhijitmehta.com
Saturday 23 February 2013
MRVC Seminar
www.abhijitmehta.com
Saturday 23 February 2013
M R V C
Attended by senior Railway officialsBoth
Central Railway & Western Railway
Saturday 23 February 2013
GM, Western RailwayDelink Suburban Railway service from Indian Railways.
Demand from other cities eats into the budget of suburban railway
Will protect it’s turf from competition from Metro
Saturday 23 February 2013
CEO, L&T Metro
Issues of P-P-P models
Poor Quality of DPRs
Fair distribution of risk
Projects need to be bankable
Saturday 23 February 2013
MTR, HK
With average population density of 25,000 people per square kilometer, Hong Kong mirrors Bombay's challenges.
MTR a govt owned, publicly listed monopoly in Urban transport company, is an successful model that can be mirrored in Bombay.
Saturday 23 February 2013
MTR, HK
MTR's R+P model for financially sustainable urban transport
system.
Saturday 23 February 2013
Principles of MTRs model.
Saturday 23 February 2013
MTR, HK
Kowloon station's example of a successful and passenger friendly
implementation of R+P model.
Saturday 23 February 2013
MTR Portfolio
Saturday 23 February 2013
DemandA massive 3 times jump in the
expected traffic by 2030.
Govt says P-P-P is the model available
Saturday 23 February 2013
P-P-P Viability
Ridership
Capex
Real Estate Revenues
Interest Rates
Construction Period
Saturday 23 February 2013
Other challenges...
A fear of all private organisations interested in the PPP projects manifested by low initial ridership as experienced by
the Bandra Worli sea link.
Saturday 23 February 2013
Govt funded development
All our current development authorities, like the MMRDA and Cidco are funded by sale of real
estate.
Saturday 23 February 2013
Employment Zones
Present and Expected employment zones in Bombay.
Saturday 23 February 2013
Funding MumbaiA possible R+P model for Bombay, however in this example the figures are no where close to the reality.
For example the metro One is pegged at about 2,500crs, where as
the final figure may well cross 11,000crs.
Saturday 23 February 2013
Funding Mumbai
Saturday 23 February 2013
T-O-D
CEO of L&T Seawood explains the first Transit Oriented Development in India.
Saturday 23 February 2013
We need to create a severe over capacity to address the challenge of urban transport so that we can meet the requirements for the future.
Presently no such plans exist.
Saturday 23 February 2013
ReportBY
Abhijit Mehta
Political & Social Analyst
Saturday 23 February 2013