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Kochi Metro Completes One Year of Commercial Operations
Image Credits : KOCHI METRO
“ The Kochi Metro completed 1 year of commercial operations , on June 17 2018 . A record number of 1,44,944 passengers travelled in Kochi metro till 7 p . m ., when unlimited free rides were offered to celebrate the commencement of the metro ’ s commercial operation on June 19 , 2017 .”
Achievements :
One of its main achievements was having brought down the loss from Rs 6 crore it incurred in the initial 6 months to Rs 3 crore at present . The average number of passengers using the metro has also doubled from 20,000 to 40,000 per day . The number of people travelling during holidays has touched nearly 60,000 . The total length of the Kochi Metro rail is 25 km .
Foundation stone :
The foundation stone for the Kochi Metro rail project was laid by then Prime Minister Dr . Manmohan Singh in 2012 , construction work was started in June 2013 .
Kochi Metro Rail Limited ( KMRL ) is a Special Purpose Vehicle ( SPV ) formed for the implementation of Kochi Metro Rail Project . KMRL is a joint venture company with equal equity contribution of Government of India and Government of Kerala .
Inauguration :
The phase-1 of the 13.26 km long Aluva-Palarivattom stretch was inaugurated by Prime Minister Narendra Modi on June 17 last year . www . railanalysis . com