Maha Mumbai Metro Operation Company Restricted (MMMOCL) plans to award the licences for a length of as much as 15 years throughout more than a few streams to generate non-fare revenues price Rs 1,500 crore.

The MMMOCL is certain concerning the many avenues to be had to generate non-fare revenues like retail, meals and drinks (F&B), ATM area leases, station and educate promoting rights, and station telecom tower rights.

Officers mentioned 80,000 sqft of business area at stations is to be had for hire throughout 30 stations, of which 17,500 sqft is at Andheri West by myself. This area has been rented out to banks for ATMs, meals & beverage shops, and grasp concessionaires who will in flip hire it out to different retail and F&B shops. Metro stations and depots also are to be had for movie/TV/advert shoots to manufacturing properties all the way through non-operational and non-peak hours.

Earnings technology via extra resources is within the pipeline like ‘station naming & branding’ rights, optical fiber cable rights, pillar telecom rights and pillar promoting rights, in step with officers.

The Mumbai Metro commissioned 18 stations on those two traces from Goregaon East (Aarey) to Dahisar to Kandivali West (Dahanukarwadi) on April 2. It plans to fee the opposite 12 stations via December, extending the achieve to Andheri East and Andheri West and connecting with Line 1, which runs from Versova to Ghatkopar.

The Mumbai Metro expects a steady-state ridership of 9 lakh passengers consistent with day at the crowning glory of all of the line linking it to different metro traces, suburban railway stations, and long term linkages to the airport and industrial trade district of BKC.

MMMOCL chairman S V R Shrinivas mentioned: “Maximising income from non-fare resources is helping stay fares in test, thereby making it inexpensive to extra passengers. This encourages the transfer from non-public to public delivery, decongests town, reduces air air pollution and makes town extra habitable.”