{"id":336169,"date":"2020-02-05T12:59:20","date_gmt":"2020-02-05T07:29:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336169"},"modified":"2020-02-05T12:59:20","modified_gmt":"2020-02-05T07:29:20","slug":"mmrc-opposes-power-tariff-hike-for-metro","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mmrc-opposes-power-tariff-hike-for-metro\/","title":{"rendered":"MMRC opposes power tariff hike for Metro"},"content":{"rendered":"<p>The Mumbai Metro Rail Corporation (MMRC), which is executing the fully-underground Metro-3 (Colaba-Bandra-Seepz) corridor, has objected to the multi-year tariff hike proposed by Tata Power for Metros. It states that a hike of 35% will add to the existing financial burden of the corporation.<\/p>\n<p>\u201cThe tariff hike will add a burden of \u20b946 crore by 2021 and a total of \u20b980 crore by 2025. This will only result in a fare hike, as unlike railways, there is no other source of revenue for Metro,\u201d an MMRC official said.<\/p>\n<p>MMRC, in its objection, has stated that since Metro-3 is an underground line, the power charges will account for 35% of the operation and maintenance costs, once operational. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mumbai Metro Rail Corporation (MMRC), which is executing the fully-underground Metro-3 (Colaba-Bandra-Seepz) corridor, has objected to the multi-year tariff hike proposed by Tata Power for Metros. It states that a hike of 35% will add to the existing financial burden of the corporation. \u201cThe tariff hike will add a burden of \u20b946 crore by 2021 and a total of \u20b980 crore by 2025. This will only result in a fare hike, as unlike railways, there is no other source of revenue for Metro,\u201d an MMRC official said. MMRC, in its objection, has stated that since Metro-3 is an underground [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,236],"tags":[],"class_list":["post-336169","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=336169"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336169\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}