As the country looks to create world-class infrastructure, Mass Rapid Transit System is being developed across Indian metros to provide a fast, easy and comfortable commute through high-speed trains. Reliance Infrastructure has partnered with MMRDA in Mumbai to successfully implement a world-class mass rapid transport system for the city of Mumbai.
Versova-Andheri-Ghatkopar Corridor Mass Rapid Transit System (MRTS) project was awarded by Mumbai Metropolitan Region Development Authority (MMRDA) through a global competitive bidding process on Public-Private-Partnership (PPP) framework to RInfra led consortium in 2007. This was the first metro project awarded in the country on a PPP basis and entails design, financing, construction, operation and maintenance of about 12 km elevated metro with 12 stations enroute.
A special purpose vehicle, namely, Mumbai Metro One Private Limited (MMOPL) has been incorporated for the implementation of the project. R Infra holds 69% of the equity share capital of MMOPL, while MMRDA holds 26% and remaining 5% is held by Veolia Transport RATP Asia, France, through a separate joint venture company and shall undertake operations & maintenance of the project for an initial period of 5 years.
Mumbai Metro has provided much needed East to West connectivity and has carried 100 million happy commuters in its first year of operation.
Mumbai Metro is modern, clean, fast and most caring infrastructure of Mumbai. It not only saves 60min of travel time daily but ensure that every commuter has a Nice day
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