Monorail | The operational cost of Mumbai Monorail to raise up to 130%
Mumbai: India’s only Monorail operational cost to more than double as per latest development. There is an expected 130% hike in the per-trip cost of operation from ₹4,600 to ₹10,600. Mumbai Metropolitan Region Development Authority (MMRDA) panel has suggested increasing the per-trip fare. A panel was constituted by MMRDA on August 15 to bring closure to the deadlock between monorail operator and MMRDA over per-trip expense. After discussions and deliberation, the committee has in its report suggested on increasing the per-trip cost to ₹10,600 from ₹4,600. MMRDA was already incurring losses while operating the 8.9-km section of the monorail between Chembur and Wadala (Phase-1). Ironically, with panel suggesting a hike in per-trip fare, MMRDA will feel a further dent. The state agency will be incurring additional losses if the fare is implemented. As per the arrangement, MMRDA pays the per-trip fare to monorail operators. The fare is paid for the operationa...