MMRDA yet to hire agency to carry out Metro Oneâs performance review
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The Mumbai Metropolitan Region Development Authority(MMRDA) is still unable to find an agency for Mumbai Metro One Pvt Ltd. that runs between Ghatkopar and Versova. This agency will provide financial quotes and market value of metro line one and carry out performance reviews before the acquisition. Recently, the authority extended the extension of tender issued by another 15 days for hiring a consultant who will provide these services. The earlier issued tenders also received a similar dull response.
The Mumbai Metro one which started commercial operations in 2014 is looking to sell its equity and according to sources, it has already submitted a proposal to the state urban development department. Following this, the MMRDA has given its due consideration to its proposal.