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Mumbai: New Metro lines made losses of Rs 281.77 cr

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Updated on: 19 August,2023 07:07 AM IST  |  Mumbai
A Correspondent |

Lines 2A and 7 have been operational for over a year and have garnered revenue of just Rs 40 crore

Mumbai: New Metro lines made losses of Rs 281.77 cr

Commuters travelling in the Mumbai Metro. Pic/Anurag Ahire

The Mumbai Metropolitan Region Development Authority (MMRDA) has been grappling with financial challenges in recent years. In the fiscal year 2022-2023, the D N Nagar to Dahisar Metro line 2A and Andheri East to Dahisar Metro line 7 are also facing operational setbacks, collectively amounting to a loss of Rs 281.77 crore. Meanwhile, the monorail incurred a loss of Rs 255.05 crore, and due to substantial planned expenditures in the year 2023-2024, the estimated monorail loss is projected to escalate to Rs 529 crore.

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