Kochi Metro Rail (KMRL) recently commissioned the second reach of its Phase-I but the work for the second phase is being hindered as the new Land Acquisition Act has delayed approvals for the same.
Since the metro was inaugurated in June, it has recorded a passenger footfall of 32.3 lakh and a revenue of Rs 10.88 crore. In the first 10 days of October, when the the second reach became operational, the ridership was recorded to be 3.48 lakh and a revenue of Rs 1.3 lakh. KMRL is reportedly expecting the footfall to significantly increase as the metro network expands and is aiming for a monthly ridership of 3 lakh.
Expansion of the metro and enhancing connectivity is vital to make the project viable. The second phase of the metro has not yet acquired the necessary approvals and is facing hurdles in the form of the new Land Acquisition Act. Kochi will soon also be unveiling its Rs 1,000-cr water metro system.