Mumbai Metro to see one more war of fares soon

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Source:  www.dnaindia.com

You can expect yet another bout of arguments over the Metro fares, once the fare fixation committee (FFC) is formed.

For, both Mumbai Metropolitan Region Development Authority (MMRDA) and Reliance Infrastructure (RInfra), the joint operators of the Metro, are likely to make applications to the FFC about what the fares should be.

An MMRDA official said, “The increase in project cost is not solely due to delay in giving right of way (RoW), that is, clearance to begin construction. There are many other factors like the extra construction they carried out, buying of more trains than planned, etc.”

The project cost, which was initially Rs2,356 crore, now stands at Rs4,350 crore, as claimed by RInfra-led Mumbai Metro One Private Limited (MMOPL). More info

 

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