National Capital Region Transport Corporation (NCRTC) – a joint venture company of Govt of India and States of Delhi, Haryana, Rajasthan and U.P, under the administrative control of Ministry of Housing and Urban Affairs, is mandated for implementing the Regional Rapid Transit System (RRTS) project across the NCR of India, ensuring a balanced and sustainable urban development through better connectivity and access.
The idea of an integrated commuter railway network to connect the National Capital Region and Delhi was mooted way back in 1998-99 in an Indian Railways commissioned study. The study had identified the possibility of an RRTS network that would provide such a connectivity using fast commuter trains. The proposal was re-examined in 2006 in the light of extension of the Delhi Metro to some of the NCR towns. The idea was subsequently taken up and owned by the National Capital Region Planning Board (NCRPB) while developing its “Functional Plan on Transport for NCR-2032”.
The NCRPB identified and recommended eight RRTS corridors to connect the towns in NCR with high speed rail based commuter transit services. The erstwhile Planning Commission subsequently formed a Task Force (2006) under the Chairmanship of Secretary, Ministry of Urban Development (MoUD) on RRTS for NCR. The Task Force in 2009 proposed to set up a Special Purpose Vehicle (SPV) with an initial corpus of Rs. 100 crore for implementing a wide-ranging integrated multi-modal transport system for suburban commuters that would lead to a balanced and sustainable growth across the region. Thus was formed the idea of NCRTC that would be the nodal agency for implementing this multi-modal transport system for the NCR.
The NCRTC is a joint partnership institution between the Central Government and the participating states of Uttar Pradesh, Haryana, Rajasthan and the NCT of Delhi. Agreeing to this partnership, the Memorandum of Understanding (MoU) between participating stakeholders was signed on 29th June, 2011 and an equity share in NCRTC was agreed upon for setting up an initial seed capital of Rs. 100 crore.
The contributions for this equity share from the stakeholders were received by 1st August, 2013 along with the signing of the Memorandum of Association (MoA) and Association of Agreement (AoA) of NCRTC.
NCRTC was formally incorporated on 21st August, 2013 as a Company under the Company Act, 1956. As a joint partnership project between the Center and the States, NCRTC would have one nominated Director each from the participating States, and four nominee Directors from the Government of India. The Secretary (UD) is the ex-officio Chairman of the Board of Directors and the Managing Director, a nominee of MoUD. NCRTC also has the flexibility of forming separate subsidiary companies for implementing specific projects.