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RSRTC's big plan fails to take off

DNA | Last Modified - Sep 29, 2011, 02:57 AM IST

RSRTC's big plan fails to take off
  • RSRTC's big plan fails to take off
    RSRTC's big plan fails to take off

    Jaipur: In 2010, the Rajasthan State Roadways Transport Corporation (RSRTC) had announced an ambitious plan to develop five city bus stations into snazzy mall-cum-bus terminals. A year later, the plan has not taken off and only meant building castles in air.

    Already struggling to overcome mounting losses, the RSRTC has shelled out Rs 30-35 lakh to kick-start the dream project but the end result has been zero.

    The RSRTC attempts to rope in big-ticket developers/ builders through big advertisements, road show in New Delhi and a meet in Jaipur. But it has failed to trigger even a single bid (Expression of Interest-EOI) from over 50 prominent builders who attended the hard-sell campaign.

    While the builders are terming the project unviable, the RSRTC is still hopeful of making a start after addressing the concerns of builders through some alterations in the project. With work on a similar project starting eight months ago (though after months of delay) at a bus station in Kota district, where a prominent builder of New Delhi has been tasked with actualising the dream idea into reality. RSRTC Chairman and Managing Director Manjit Singh is hopeful of breaking the ice with builders within a week, by making changes which might suit their business interests.

    "A few of their concerns blocked the start of this ambitious project in Jaipur. We're not discouraged, however and will try and sort out the matter by addressing their concerns, through some alterations in our plans in a week," Singh said.

    Over 50 developers were present at the twin exercises but not even a single EOI was received by RSRTC by August 17, the last date of bidding. Sources at RSRTC informed that the project envisaged developing malls-cum-bus stations on 30,000 to 50,000 metre area on each of the five city bus stations: Vidyadhar Nagar, Sanganer, Sindhi Camp, Deluxe Depot-Jothwara Road and Transport Nagar.

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Web Title: Rsrtc's big plan fails to take off
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