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MMRDA to implement an integrated ticketing system

The integrated ticketing system was reportedly planned several years ago. However, the wait for the same seems to finally come to an end.

MMRDA to implement an integrated ticketing system
SHARES

According to sources, the citizens of Mumbai will now be able to travel by metro, buses and monorail through a single ticket.

In recent developments, Mumbai Metropolitan Region Development Authority (MMRDA) informed that it has decided to implement an integrated ticketing system for Metro 2 Dahisar to DN Nagar and Dahisar to Andheri Metro 7. Meanwhile, metro trains are currently being tested on both these routes.

The integrated ticketing system was reportedly planned several years ago. However, the wait for the same seems to finally come to an end. An integrated ticketing system is beneficial for the passengers to save travel time, travel expenses as well as to get to the destination and options as soon as possible.

On the other hand, the MMRDA had earlier taken over the operations of Metro One. This happened after Reliance Infrastructure, which runs the corridor had decided to offload its stake in the project. MMRDA earlier had a 26 per cent stake in the special purpose vehicle whereas Anil Ambani owned Reliance Infrastructure held 69 per cent.

In addition, the concession agreement between MMRDA and R-infra-promoted MMOPL was signed on March 7, 2007. The total cost of the project, built on a public-private partnership (PPP) model is estimated at ₹2,356 crores.

Metro one, with a ridership of 4.5 lakh every day, has an average revenue of ₹1 crore every single day. However, amidst the outbreak of the coronavirus coupled with the losses, Reliance Infrastructure had written to the Maharashtra government, stating that it wants to sell the stakes it owns in the company. Metro-1 had been shut for several months last year due to the lockdown had been suffering losses prior to lockdown as well.

ALSO READ: MMRDA Announces Cutting of Mangroves in Wadala for a Metro Station    

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