Chennai Metro Rail's MRTS takeover nears completion 360 ONE owner buys Rs 1.70 billion worth Mumbai apartments RVNL wins Rs 1.87 bn bid for Nagpur Metro Stations project Samruddhi Mahamarg's final 76-km stretch to open by NovemberThe Chennai Metro Rail (CMRL) is set to take over the Mass Rapid Transit System (MRTS) after decades of planning. The proposal has been sent to the Railway Board for approval and is expected to be finalized by July. The initial plan involves the Southern Railway running train services while CMRL...
more... focuses on station development. After in-principle approval, an MoU will be signed, followed by the formation of a special purpose vehicle by CMRL to manage and operate MRTS. Tenders for commercial station development will then be floated, taking over a year. The only remaining decision is whether trains will be fully air-conditioned or have a few air-conditioned coaches. The arrival of coaches after ordering could take another year and a half.
Chennai Metro Rail (CMRL) abhi MRTS ko le lega, yeh plan bahut saal se chal raha tha. Proposal Railway Board ko bhej diya gaya hai aur July tak approve hone ki umeed hai. Pehle toh Southern Railway trains chalayega aur CMRL stations ko develop karega. Board se approval aane ke baad,...
more... MoU sign hoga aur CMRL MRTS ko manage aur operate karne ke liye special purpose vehicle banayega. Fir stations ke commercial development ke liye tenders aayenge, jisme ek saal se zyada time lagega. Ab bas ye decide karna hai ki trains pura air-conditioned honge ya sirf kuchh coaches. Coaches order hone ke baad, unhe aane mein 1.5 saal lag sakte hain.