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Business News » India News

Mumbai monorail to be run by Delhi Metro? Here is what is on cards

After failing to appoint an operator for running Chembur-Jacob Circle Monorail, the Mumbai Metropolitan Region Development Authority (MMRDA) may now initiate talks with Delhi Metro Rail Corporation (DMRC) for helping it run Mumbai Monorail. 

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Mumbai monorail to be run by Delhi Metro? Here is what is on cards
The MMRDA officials are planning to explore talks with DMRC wherein Monorail will be operated and maintained by DMRC. Image source: PTI
Written By: ZeeBiz WebTeam
Updated: Thu, Apr 26, 2018
05:08 pm
ZeeBiz WebDesk

After failing to appoint an operator for running Chembur-Jacob Circle Monorail, the Mumbai Metropolitan Region Development Authority (MMRDA) may now initiate talks with Delhi Metro Rail Corporation (DMRC) for helping it run Mumbai Monorail. DMRC has expertise in constructing and running Metro rail corridors in India and Bangladesh but it has not been involved in the running of operations of Monorail so far.

The MMRDA officials are planning to explore talks with DMRC wherein Monorail will be operated and maintained by DMRC. An MMRDA official said, “We had got a response from two bidders for operations of Monorail and both had quoted more than our estimations. Hence, we have not decided on whether to go ahead with them. However, are contemplating on whether to approach DMRC to gauge its response over operating Mumbai Monorail.”

Watch this Zee Business video here:

A DMRC official said, “Considering the whole technology of Monorail would be different we might not be able to operate it.’

By Mehul R Thakkar, DNA India

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Chembur-Jacob Circle MonorailMumbai Metropolitan Region Development Authority
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