MMOPL is a special purpose vehicle incorporated for the implementation of the project. Reliance Infrastructure holds 69% of the equity share capital, while MMRDA holds 26% and remaining 5% is held by Veolia Transport. MMOPL is undertaking the construction of the first line of the metro after been granted five years beginning in May 2007.[4] It is the first public-private partnership initiative for a metro project in India.[5] They then roped in ABB, Siemens and Sew Constructions to execute various works for the 11km Versova-Andheri-Ghatkopar corridor.[6]
QUICK FACTS * GENERAL * Journey time: 21 minutes * Frequency: 3.5 minutes, going down to 3 minutes during peak hours * Fares # (2003-2004 level) * Rs. 6 upto 3 Kms. * Rs. 8 between 3 Kms.to 8 Kms. * Rs. 10 beyond 8 Kms.
# Fares indicated are for 2003-2004 level and shall be revised @ 11% every fourth year (rounded off to the nearest rupee). Fares shall be fixed by Government of Maharashtra, through a notification.
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Alignment * The Proposed Versova-Andheri-Ghatkopar Metro corridor will be 11.40 Km long double line on elevated viaduct with Standard Gauge (1435 mm) * The proposed alignment