CMRL’s takeover of MRTS yet to make any headwayThe 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.