The phase 2 of monorail (Chembur- Jacob Circle) was inaugurated exactly one year back on March 3, 2019, by former Chief Minister Devendra Fadnavis. In a Right To Information (RTI) filed by the Hindustan Times, it was revealed that only 38 lakhs commuters travelled by Monorail in one year i.e. 10 per cent of its estimated ridership of ₹3.60 crores.
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The authorities expected 30 lakh commuters to use the service on a monthly basis. The monorail is operated by the Mumbai Metropolitan Region Development Authority (MMRDA) and has earned ₹7.29 crores in a year. The maximum earnings were recorded in March 2019 when the monorail generated revenue of ₹96.29 lakhs. In January 2020, it earned ₹55.52 lakhs.
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Talking about the same, Mumbai Metropolitan Region Development Authority (MMRDA) Chief R.A. Rajeev stated that 30 lakh ridership a month can be achieved only when they have 10 rakes. They cannot achieve the desired ridership until they have a minimum number of rakes.
Notably, MMRDA had decided to install solar panel roofs at monorail stations to reduce the electricity bills and is also set to launch a QR-based ticket system. MMRDA officials claimed the authority is suffering losses of ₹8.5 lakh per day to operate 97 services through five existing rakes. In a bid to reduce their losses, Monorail authorities recently stated that it will allow weddings and birthdays on monorails. There will be designated time slots for these commercial activities.
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