The NCRTC co-hosted the UITP TEFC meeting in New Delhi, uniting global experts to discuss sustainable mobility, innovative financing, and operational efficiency. Delegates explored topics like fare affordability, PPP models, and green finance while touring the transformative Delhi-Meerut RRTS project, highlighting NCRTC’s commitment to innovative and commuter-centric solutions.
Opening Remarks by NCRTC MD:
In his inaugural speech, Mr. Shalabh Goel, Managing Director of NCRTC, emphasised the significance of hosting the first TEFC meeting in India. He highlighted the need for financially sustainable, environmentally responsible, and resilient urban transport systems to address global challenges such as population growth and climate concerns.
“This platform provides an invaluable opportunity to highlight the transformative potential of our Regional Rapid Transit System (RRTS) and draw inspiration from global best practices,” said Mr. Goel.
He also reflected on NCRTC’s contributions as a longstanding TEFC member, including collaborations on working papers, brainstorming sessions, and partnerships that have enhanced the implementation of projects like the RRTS.
Key Discussions on Day One:
- Fare Affordability & Innovative Pricing Models: Delegates explored pricing strategies from Germany and Ile de France, focusing on accessibility and equity.
- Green Finance for Low-Carbon Transit Systems: Insights were shared on carbon credits and their role in promoting environmentally friendly transport, aligning with India’s decarbonization goals.
- Working Group: Updates on initiatives like sustainable finance and the societal impact of public transport were provided.
- Data-Driven Optimization: Participants presented case studies on leveraging technology to reduce operational costs and improve service delivery.
Focus on Public-Private Partnerships (Day Two):
- Public-Private Partnerships (PPPs): Successful PPP models from India and abroad demonstrated their potential to enhance financial sustainability and efficiency in transit systems.
- Funding and Technology Integration: Detailed sessions addressed innovative funding mechanisms, infrastructure development, and the role of advanced technologies in transforming the rail sector.
Site Visit to Delhi-Meerut RRTS Corridor:
Delegates toured the Delhi-Meerut RRTS corridor to witness the project’s commuter-first infrastructure, multimodal integration, and advanced technology. The visit provided practical insights into the discussions, showcasing NCRTC’s innovative approach to sustainable and efficient urban transit.
Conclusion:
NCRTC’s hosting of the UITP TEFC meeting reflects its dedication to global collaboration and innovation in public transport. By fostering knowledge exchange, exploring cutting-edge solutions, and implementing commuter-centric projects like the RRTS, NCRTC aims to set new benchmarks for sustainable and financially viable transit systems.
Source: NCRTC – Press Release | Images Credit: NCRTC
