MRVC Seminar on Urban Transport

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Transcript of MRVC Seminar on Urban Transport

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

emailabhijit@abhijitmehta.com

Political & Social Analyst

Saturday 23 February 2013