The Mumbai Metropolitan Region Development Authority (MMRDA) has merged the Monorail Project Implementation Unit with the Maha Mumbai Metro Operation Corporation to revive the struggling Mumbai Monorail. The merger aims to improve operation, cut costs, and save expenses.
The move is expected to save over ₹40 to 60 crore annually and reduce duplication of manpower. The MMRDA has also placed orders for 10 new rakes to improve services. The monorail has been incurring losses, with estimated losses of ₹529 crore in 2023-24.
https://www.hindustantimes.com/cities/mumbai-news/mmrda-merges-monorail-with-metro-operations-101704309112079.html
Source: Hindustan Times
