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Kochi Metro Completes One Year of Commercial Operations
Image Credits: KOCHI METRO
“ The Kochi Metro completed 1 year of commercial operations, on June 17 2018. A record number of 1,44,944 passengers travelled in Kochi metro till 7 p. m., when unlimited free rides were offered to celebrate the commencement of the metro’ s commercial operation on June 19, 2017.”
Achievements:
One of its main achievements was having brought down the loss from Rs 6 crore it incurred in the initial 6 months to Rs 3 crore at present. The average number of passengers using the metro has also doubled from 20,000 to 40,000 per day. The number of people travelling during holidays has touched nearly 60,000. The total length of the Kochi Metro rail is 25 km.
Foundation stone:
The foundation stone for the Kochi Metro rail project was laid by then Prime Minister Dr. Manmohan Singh in 2012, construction work was started in June 2013.
Kochi Metro Rail Limited( KMRL) is a Special Purpose Vehicle( SPV) formed for the implementation of Kochi Metro Rail Project. KMRL is a joint venture company with equal equity contribution of Government of India and Government of Kerala.
Inauguration:
The phase-1 of the 13.26 km long Aluva-Palarivattom stretch was inaugurated by Prime Minister Narendra Modi on June 17 last year. www. railanalysis. com