Mumbai Metro fare panel allows hike up to Rs 110

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By , TNN

MUMBAI: The fare fixation committee set up after a clash between the private operator of the metro and its government partner over fare has allowed a price band of Rs 10 to Rs 110.

At present, the R-Infra-promoted Mumbai Metro One Private Ltd (MMOPL) levies fares of Rs 10, 20, 30 and 40 for the 11.4-km Versova-Andheri-Ghatkopar route.

The metro operator is unlikely to increase the tariff steeply so that it becomes unaffordable for commuters and leads to loss of traffic and revenue, but a spokesperson made it clear there will be “gradual fare increase”. At present, the metro carries 2.8 lakh passengers per day.

“The FFC has recommended a maximum fare of Rs 110. It relied on several factors, including the cost of the project, the fact that public private partnership (PPP) projects have high input cost compared to government-funded projects, etc. while deciding on the fare,” said a source. More info

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