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BENGALURU:
In a momentous occasion commemorating its 20th
anniversary in India, Delta Electronics India Pvt Ltd (Delta India) announced a
transformative partnership with Bangalore Metro Rail Corporation Limited
(BMRCL). The two entities have signed a Memorandum of Understanding (MoU) for
the naming rights of the Bommasandra Metro Station on the yellow line of RV
Road to Bommasandra Line (Reach-5) as part of Phase-II of the Bangalore Metro
Rail Project.
Under this agreement, Delta India will
contribute Rs 65 Crore towards the construction of the Bommasandra Metro
Station, with an initial payment of Rs. 10 Crore 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, 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."
Delta Electronics Inc. is a global leader
in power management and a provider of IoT-based smart green solutions. Mirroring this
commitment to environmental protection, Delta India has actively promoted
energy-efficient products and services nationwide for the past two decades.
This investment in the Bommasandra Metro Station further exemplifies Delta
India's dedication to supporting sustainable urban development in Bangalore.
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 Crore 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 revolutionise 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 Crore. 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.
Delta is operating since 2003. Delta Electronics
India Private Limited, is a leading power and energy management company in the
country. Delta operates in three business categories: Power Electronics,
Automation and Infrastructure. It has a legacy of operating in India with
market leadership in Telecom Power Solutions, Renewable Energy
Solutions and Display Solutions.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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