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New proposal by EDMC to earn revenue

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The Hindu                        20.02.2013

New proposal by EDMC to earn revenue

Staff Reporter

Aim to fund civic infrastructure projects.

Soon mobile towers will dot the rooftops of municipal buildings in East Delhi with a proposal to let out the space to telecom service providers passed in the House on Tuesday.

According to the proposal, the rooftops of all municipal buildings except for schools, hospitals and dispensaries that are owned by the East Delhi Municipal Corporation will be let out to telecom service providers for installation of mobile towers through open bidding.

“The rooftops will be given out on a monthly rental basis. Whichever company offers the maximum rent will be allowed to install the towers,” said a senior official of East Corporation. The civic body sees this as a prime source of revenue with several of its buildings located in commercial, institutional as well as residential areas and most rooftops lying vacant.

“The new proposal has been announced as a means of becoming financially independent and to fund various civic infrastructure projects which have been announced in the budget for next fiscal,” the official added.

Last Updated on Wednesday, 20 February 2013 12:02