Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Mumbai Metro Rail services to commence on Sunday  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The state government insisted that the developer stick to the original fares of rs9 rs11 and rs13 and not raise this to rs10-rs40 as it intended to.

maharashtra's first metro railis scheduled to be inaugurated on sunday with its developer reliance infra (rinfra) announcing a one-way promotional fare of rs10 for a month. the state government insisted that the company stick to the original fares of rs9 rs11 and rs13 and not raise this to rs10-rs40 as it intended to.

this is totally unacceptable to us" maharashtra chief minister prithviraj chavan told reporters here saturday.

rinfra has built the 11.40km metro rail running east-west between versova-andheri-ghatkopar at a cost of rs4300 crore.

chavan hinted that in case rinfra went ahead with the "arbitrary fare hike" he would not attend the inauguration function on sunday.

in fact he said the inauguration's go-ahead was given subject to not hiking the fares and it must stick to the agreement.

referring to the efforts by some bharatiya janata party mps of mumbai like kirit somaiya and gopal shetty chavan alleged that "the bjp is helping rinfra in the fare hike".

"the bjp must make its stand clear on the issue of fares and take responsibility for any hike in the ticket rates" chavan said.

he made it clear that any fare hike would only be after the opinion of the expert committee on fares and the state government was opposed to any arbitrary increase in the passenger ticket rates.

earlier on saturday mumbai metro one private limited (mmopl) - the metro railways administration (mra) for the mumbai metro line-1 project - said in a statement that "the commercial operation of the metro service will start on june 8 at 12 noon. the company has now received all requisite government approvals for commercial operations".

"to provide the benefits of a new and world class experience o lakhs of valued citizens of mumbai a concessional and promotional fare of rs 10 only will be charged for the first 30 days irrespective of the distance travelled on the versova-andheri-ghatkopar (vag) corridor for a single one way trip between any stations. this promotional fare is notwithstanding the initial fare fixed and notified separately on initial opening of the metro railway under central metro act" the statement said.

mmopl ceo abhay mishra said: "the beginning of commercial operation of mumbai metro is a historical moment for the city of mumbai. with this first rail connectivity between east and west mumbaikars can avoid as many as 45 traffic signals and reduce travelling time from 90-120 minutes. these air conditioned services are safe convenient and cost effective. this service will change the life of mumbaikars and the way they commute every day."

the services will start at 5.30am and continue till midnight with a total of 16 rakes deployed on the sector serving the glamour and it centres of versova and the business and manufacturing areas of ghatkopar at an 80 kmph speed.

each of the colourful rakes with four coaches will have a capacity of around 375 commuters or around 1500 commuters per service zooming above the city between the two points - versova-ghatkopar - with a total of 12 elevated stations en route.

meanwhile intense competition started among activists of the nationalist congress party and bharatiya janata party over claiming credit for the mumai metro.

ncp activists carried out a symbolic inauguration with a small pooja near ghatkopar marking the start of mumbai metro while somaiya and shetty staged a road block agitation near ghatkopar protesting the delays in starting the metro rail services.

for more news from khaleej times follow us on facebook at facebook.com/khaleejtimes and on twitter at ?khaleejtimes

follow ?khaleejtimes -->


 


Khaleej Times




  MENA News Headlines
 Jul 28 2016 - S Korea to improve historic port of AlexandriaMENAFN
(MENAFN) South Korea has announced its readiness to enhance and develop the historic port city of Alexandria in Egypt, a report said.In detail the study will look into the technical feasibility of ...

 Jul 28 2016 - UAE's Empower eyes Wetex exhibitionMENAFN
(MENAFN) UAE-based Empower will showcase its most recent efforts to adopt environmental initiatives at the Water, Energy, Technology, and Environment Exhibition (Wetex 2016) in October.In detail, the ...

 Jul 28 2016 - Brokers: Centrica in favour with Credit SuisseProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Josh Allsopp , Wed UK energy firms received a boost of broker confidence today, with both Credit Suisse and Deutsch Bank upgrading their price targets for ...

 Jul 28 2016 - World Bank increases oil price forecast for 2016ProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) The World Bank offered some respite to non-Opec oil exporters on Wednesday by upping its oil price forecast for 2016. The bank increased its projection to US$43 ...

 Jul 28 2016 - Centrica sees hit from warm US weather and low oil prices as profits dipProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Centrica (LON:CNA) predicted a hit from low oil prices for its exploration division in the second half and said it would cut 3,000 jobs this year. The British ...

 Jul 28 2016 - PM Abe's plan for $265 billion stimulus puts pressure on BOJ to easeProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Fuller Treacy Money, 08:26 PM Abe's plan for $265 billion stimulus puts pressure on BOJ to ease Japan's prime minister unveiled a surprisingly large $265 ...

 Jul 28 2016 - 'Marriott Al Forsan Hotel' to be unveiled in Abu DhabiMENAFN Press
(MENAFN Press) Agreement signed between H.E. Saif Al Hajeri, Chairman Al Forsan Holding, and Mr. Alex Kyriakidis, President and Managing Director of Marriott International, Middle East and ...

 Jul 28 2016 - Dubai's DP World bags port development contract in TaiwanMENAFN
(MENAFN) DP World, a Dubai-based global marine terminal operator, has inked a deal with the state-run Taiwan International Ports Corporation (TIPC), for the development of Kaohsiung Port's Terminal ...

 Jul 28 2016 - SDX Energy confirms completion of funding's second trancheProactiveInvestors - N.America
(MENAFN - ProactiveInvestors - N.America) SDX Energy Inc (LON:SDX, CVE:SDX) closed the second tranche of its recent funding, issuing new shares priced at 18p each (current price: 20.25p). The ...

 Jul 28 2016 - World Bank increases oil price forecast for 2016ProactiveInvestors - N.America
(MENAFN - ProactiveInvestors - N.America) The World Bank offered some respite to non-Opec oil exporters on Wednesday by upping its oil price forecast for 2016. The bank increased its ...

more...


 





Google

Easy Forex

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help