Delta India Signs MoU with BMRCL for Development and Naming Rights of Bommasandra Metro Station
Under this agreement, Delta India will contribute INR 65 Crores towards the construction of the Bommasandra Metro Station, with an initial payment of INR 10 Crores already made.
April 01, 2024. By News Bureau
Under this agreement, Delta India will contribute INR 65 Crores towards the construction of the Bommasandra Metro Station, with an initial payment of INR 10 Crores already made. As per the agreement BMRCL will be offering the naming rights of Bommasandra Metro Station as 'Delta Electronics- Bommasandra Metro Station' for a period of 30 years
Benjamin Lin, President of Delta Electronics India, remarked, "We are incredibly proud to have the opportunity to contribute to the sustainable development of Bengaluru. Partnering with BMRCL on the Bommasandra Metro Station aligns perfectly with our global commitment to foster sustainable cities. This new station will provide much-needed connectivity for residents and commuters, while also promoting a cleaner and more efficient transportation system for the city."
M. Maheshwar Rao, Managing Director, BMRCL, expressed his delight about the partnership, stating, "We are delighted to partner with Delta Electronics India on this crucial infrastructure project. Their contribution of Rs. 65 Crores for the Bommasandra Metro Station signifies a remarkable support for sustainable urban development. This innovative financing mechanism sets a valuable precedent for future collaborations. We commend Delta India for their dedication to sustainability and look forward to working together to create a more connected and environmentally conscious city."
The development of the Bommasandra Metro Station through Delta India’s contribution showcases a ground-breaking approach to infrastructure projects. This collaboration demonstrates the immense potential for private sector participation in accelerating the expansion to infrastructure projects.
Niranjan Nayak, MD, Delta Electronics India Said, " We are thrilled to collaborate with BMRCL on this innovative project that aims to revolutionize sustainable urban mobility in Bangalore. Through this partnership, Delta India is committed to enhancing the commuting experience for residents while promoting eco-friendly transportation solutions. We look forward to contributing to the growth and development of the city through this exciting initiative."
The Bommasandra Metro Station is part of the 19.15 km yellow line under Phase-II of the Bangalore Metro Rail Project. This line, connecting RV Road to Bommasandra with 16 stations, is being constructed at a cost of INR 5744 Crores. Upon completion, the yellow line will provide a sustainable and efficient transportation alternative for residents and commuters across Bangalore. This will significantly reduce traffic congestion on Hosur Road, leading to a substantial decrease in vehicular pollution and a cleaner, greener city.
The collaboration between BMRCL and Delta Electronics India for the construction of Bommasandra Metro Station marks a significant step forward in expanding Bangalore's metro network and promoting sustainable urban development.
This project serves as a shining example of the positive impact that can be achieved through public-private partnerships focused on innovation and environmental responsibility. As Delta India celebrates 20 years of success in India, this initiative underscores their unwavering commitment to building a sustainable future for the city and its residents.
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