Reliance Infrastructure-led Mumbai Metro One Pvt Ltd
With Reliance Infrastructure Ltd and Mumbai Metro One Pvt Ltd (MMOPL) having put forth a proposal for the reduction of Mumbai Metro fares, the Bombay High Court has accepted the proposal. Reliance Infrastructure – which is the chief partner of the consortium that floated MMOPL which operates Metro – and MMOPL had put forth the proposal [...] Continue Reading »
It seems that there is Saturn hovering on the Mumbai Metro Project. UPS Madan the metropolitan commissioner of MMRDA (Mumbai Metropolitan Region Development Authority) mentioned that they have decided to challenge a single-bench order of the Bombay High Court on the Mumbai Metro fares in front of a division bench. The recently commissioned Mumbai Metro has [...] Continue Reading »
There is a disconnect between the Mumbai Metro project and the Maharashtra government and Reliance Infrastructure regarding the fares and it is unlikely to be resolved soon. The Mumbai Metropolitan Region Development Authority (MMRDA) has promised to assess the costs incurred by Reliance Infrastructure due to inflation and other factors. The operating costs have risen [...] Continue Reading »
