As part of a modernisation programme, the Pune Mahanagar Parivahan Mahanagar Mahamandal (PMPML) has decided to go in for development of 30 spaces that it owns, which includes 17 depots and 13 open spaces, reports in Punekar News and Hindustan Times have said. The project will be executed on a Public-Private Partnership (PPP) basis at a cost of ₹11,666 crore.
With the gap between revenue and expenditure shooting up from ₹23 crore in 2011-12 to ₹315 crore in 2019-20, PMPML is projecting its cumulative losses to touch ₹9,600 crore in the next ten years.
The newly built depots would feature workshops for maintenance of buses, along with parking facilities for the fleet while the upper levels would house commercial establishments including hotels, hospitals and office spaces.
A feasibility study was conducted by VK Associates which estimated that PMPML could earn up to ₹1,516 crore annually by redeveloping its depots and open spaces. The proposal is currently awaiting approval from higher authorities.
Owing to the ongoing pandemic, many transport corporations have been hit. PMPML on its part has been looking at alternative means of revenue generation, including setting up small kiosks at bus stops – a move that received unwarranted backlash over frivolous reasons – and also setting up a courier service.
Let’s hope PMPML goes forward with this development plan so that Pune can finally get the better public transport that it deserves.
Also Read: From Parivahan To Postman, PMPML Looks At Starting Parcel Services To Overcome Cash Crunch
Also Read: PMPML Gets Flak For Brilliant Plans To Monetise Network With Shops At Bus Stops
If you intend to step out please wear a mask, carry sanitizer and maintain social distancing.
Featured Image: Buses at Market Yard Depot in 2015 (Srikanth Ramakrishnan/Wikimedia Commons)
