Mumbai Monorail | MMRDA agrees to pay higher trip cost to LTSE
Mumbai: For Mumbai Monorail Project soon will come to at its final cost. The agreement between Larsen & Turbo Scomi -Engineering and Mumbai Metro Regional Development Authority (MMRDA) MMRDA admitted paying to LTSE higher per -trip cost so as to run the service and some negotiations are at the final stage. LTSE has been arguing for a few years with MMRDA about per trip cost Rs 3,131 is not efficient for the operations and maintenance of monorail system. Earlier the proposal was given to continue its service at a price of 18000 per trip. The LTSE sent its quotation in the O&M bid by IL&FS and it was the lowest bid in April 2008. L&T is the lead partner in the consortium and civil work and socio-economic bring the leading stock as per the contract A final per-trip price is soon be declared for Mumbai monorail services. As per the sources, MMRDA is agreeing to continue with LTSE. It is only weakening because of court arbitration. The final cost decision taking a lot o...