MMOPL expects Metro 1 to be ready by Dec 2013

Mumbai Metro One Private Limited (MMOPL) said it would be able to operationalise the Metro 1 -Andheri-Versova-Ghakopar corridor - in December 2013, as envisaged earlier. Officials of Reliance Infrastructure, which is a joint venture partner of the project, said this at a recent board meeting. MMOPL is a joint venture between Reliance Infrastructure and the MMRDA. Meanwhile, MMOPL asked the government to raise the fare of the metro service considering the rise in construction cost. The government asked the entity to clarify how the costs have risen and on what counts. In 2008, MMOPL began work on the 11.4 km Andheri-Versova-Ghakopar corridor. Since then, the project cost has gone up from Rs 2,360 crore to over Rs 4,000 crore. The MMOPL has applied to the Urban Development department for the hike.