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MahaMetro has already earned Rs100 crore from commercial operations

The money has been earned through 1% surcharge on stamp duty or 4% testing charges at MahaMetro’s quality testing laboratory, among others


Published: 28/06/2018

Country: India
Even though Nagpur Metro is yet to begin commercial operations, MahaMetro has already earned Rs100 crore from commercial operations. MahaMetro managing director Brijesh Dixit told Rotarians that the money had been earned through 1% surcharge on stamp duty, premium of extra floor to space index (FSI) under transit-oriented development (TOD) policy, supervision charges paid by National Highways Authority of India (NHAI) and 4% testing charges at MahaMetro’s quality testing laboratory. Dixit has conferred the Rotary Vocational Excellence Award on Sunday.
“We are trying to find other sources of revenue so that Metro fares are on the lower side,” added Dixit.

The MD further said that MahaMetro was using 5D BIM technology, which had led to a saving of Rs800 crore. “There are many unique features of Nagpur Metro. It is the first one to have a TOD policy before beginning commercial operations. We have gone in for solar energy at the initial stage itself. Solar power is costing us Rs 3.50 per unit while MSEDCL power is Rs 9.50 per unit. This huge difference will bring down the operational cost. We have provided special facilities for senior citizens and physically handicapped persons.” he added.

“The work on at grade section of Nagpur Metro was completed in record time and currently MahaMetro is organizing free joyrides for Nagpurians. Our aim is to make citizens acquainted with the Metro,” he said.

According to Dixit, MahaMetro is in the process of providing high quality mass transit system to Nagpur and its environs. “The work of phase I is 65% complete while the detailed project report (DPR) of phase II has been submitted to us by the consultant,” said the MD.

Annarupa Chandak, Mangesh Joshi, Rajender Singh Khurana, Dr Vinay Tule, Shashank Vishwarupe, Madhavendra Jain, Raghuvir Singha and Anil Kokate were prominently present in the award function.


Source: https://timesofindia.indiatimes.com/city/nagpur/metro-has-already-earned-rs100cr/articleshow/64666092.cms

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