In just 7 months, Mumbai Metro Lines 2A, 7 closes in on Rs 100 crore in non-fare revenue
The newly-commissioned Mumbai Metro lines 2A and 7 have generated non-fare revenue worth Rs 70 crore for the financial year 2022-23 and deals worth Rs 30 crore are in the pipeline, said officials. These lines will be India’s first small route metro lines to achieve this feat within the first financial year, according to officials.
Maha Mumbai Metro Operation Corporation Limited (MMMOCL) plans to award the licences for a period of up to 15 years across various streams to generate non-fare revenues worth Rs 1,500 crore.
The MMMOCL is positive about the many avenues available to generate non-fare revenues like retail, food and beverages (F&B), ATM space rentals, station and train advertising rights, and station telecom tower rights.
