Spotting
 Timeline
 Travel Tip
 Trip
 Race
 Social
 Greeting
 Poll
 Img
 PNR
 Pic
 Blog
 News
 Conf TL
 RF Club
 Convention
 Monitor
 Topic
 #
 Rating
 Correct
 Wrong
 Stamp
 PNR Ref
 PNR Req
 Blank PNRs
 HJ
 Vote
 Pred
 @
 FM Alert
 FM Approval
 Pvt
News Super Search▼
 ↓ 
×
Member:
Posting Date From:
Posting Date To:
Category:
Zone:
Language:
IR Press Release:
Search
  Go  
dark modesite support
 
Thu Sep 12 14:58:36 IST
Home
Trains
ΣChains
Atlas
PNR
Forum
Quiz
Topics
Gallery
News
FAQ
Trips
Login
RailCal Android App
RailCal iPhone App
Advanced Search
<<prev entry    next entry>>
News Entry# 560526
Jul 15 (20:42) MRTS-CMRL Merger Uncertain as Railway Board Delays Decision
Metro
CMRL/Chennai Metro
2055 views
0

News Entry# 560526   
  Past Edits
This is a new feature showing past edits to this News Post.
CMRL’s takeover of MRTS yet to make any headway

The proposed merger of the Chennai MRTS (Mass Rapid Transit System) with CMRL (Chennai Metro Rail Limited) is facing delays due to the Railway Board's pending decision on the state government's proposal to take over MRTS operations. The proposal was sent to the Railway Board in February, but approval is yet...
more...
to be granted. The delay is attributed to the recent elections. CMRL will hold a 67% stake in the merged entity, with the remaining 33% going to Southern Railway. The merger aims to address the MRTS's annual losses of Rs 84 crore, which the state government has agreed to absorb. However, the actual takeover is contingent on the Railway Board's approval and the completion of the fourth line between Chennai Beach and Chennai Egmore.

Chennai MRTS aur CMRL ka merger proposal abhi tak pakka nahin ho paya hai, kyunki Railway Board ne abhi tak state government ke proposal ko approve nahin kiya hai. Proposal February mein Railway Board ko bheja gaya tha, but approval abhi tak nahi aayi hai. Elections ke wajah se...
more...
yeh delay ho raha hai. CMRL ko merger ke baad 67% stake milega, aur Southern Railway ko 33%. Is merger ka matlab hai ki CMRL ab MRTS ko operate karega, jiska har saal Rs 84 crore ka loss ho raha hai. State government is loss ko absorb karne ke liye razi ho gaya hai. Lekin, actual takeover tab hi hoga jab Railway Board proposal ko approve karega aur Chennai Beach aur Chennai Egmore ke beech ka fourth line complete ho jayega.
Scroll to Top
Scroll to Bottom
Go to Mobile site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy