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Kolkata Metro Rail Corporation

For more about East West Metro, see Kolkata Metro Line 2. For another owner of Kolkata Metro, see Metro Railway, Kolkata.

Kolkata Metro Rail Corporation (KMRC) is a Government of India enterprise formed in 2008. The agency was formed to oversee the implementing Kolkata Metro Line 2, also known as East West Metro, connecting the twin cities Kolkata and Howrah. The metro rail route is partly underground including the part that will be under the river Ganges.[1][2][3] The 16.6 km route has six station each in underground and elevated portions. The terminal stations are Salt Lake Sector V and the Howrah Maidan.[4] The elevated stretch started operations on 13 February 2020.

Kolkata Metro Rail Corporation
(KMRC)
Company typePublic transport
Founded2008 (2008)
HeadquartersKMRCL Bhawan, HRBC Complex, 2nd & 3rd Floor, Munsi Premchand Sarani,
Kolkata, West Bengal
,
India
Area served
Kolkata, Howrah
Key people
  • Shri V.K. Srivastava (Electrical Engineer) (Managing​ Director)
  • Smt. Chandrima Roy (Chief​ Vigilance Officer)
ServicesMetro transportation services
OwnerGovernment of India

Ministry of Railways:- 74%

Ministry of Housing and Urban Affairs:- 26%
Websitewww.kmrc.in
Day one of the East West Metro Kolkata on February 13, 2020.
A Kolkata East-West Metro rake

Ownership edit

History edit

KMRC was formed as a joint venture company between two govt bodies, i.e. Government of West Bengal and Government of India on a 50-50 partnership basis. Ministry of Urban Development (now renamed as Ministry of Housing and Urban Affairs) holds the shares on behalf of Govt. of India.

On 29 September 2010, it was decided that Govt. of West Bengal withdraws all its shares from KMRC, and Govt. of India will be the shareholder of KMRC along with JICA. Thus Govt. of West Bengal gave all its shares to the Ministry of Railways, and making Kolkata Metro a central government entity again.[4]

Current status edit

The current shareholders are given below-

  • Ministry of Railways 74% (including the shares of Govt. of West Bengal)
  • Ministry of Housing and Urban Affairs 26%

As of 31 March 2017, equity holding details-

  • Ministry of Railways– ₹721.50 crore (US$90 million) (68.03%)
  • Ministry of Housing and Urban Affairs– ₹339 crore (US$42 million) (31.97%)[4][5]

Hurdles faced edit

The main problem that were faced by KMRC was regarding land. Most of the places, non-availability of land led to delay in the project multiple times. Some of them are mentioned below-

  • Land issue for construction of a new Central station for Line 2, thus leading to route realignment.
  • Land issue in Duttabad for erection of piers of elevated stretch, and leading to resurveying of the stretch by RITES
  • Land and rehabilitation issues in construction of Mahakaran station and so shifting the station location.

Other issues were-

  • Delay in finalisation of the newly aligned route from Sealdah to Howrah.
  • Improper and irregular flow of funds
  • Traffic diversion related problems also led to delays[5]

See also edit

References edit

  1. ^ "Metro Railway Kolkata / Indian Railways Portal". mtp.indianrailways.gov.in. Retrieved 8 March 2024.
  2. ^ "India's deepest Metro station at Howrah also to be the largest". The Times of India. 1 March 2024. ISSN 0971-8257. Retrieved 8 March 2024.
  3. ^ "Metro Railway Kolkata / Indian Railways Portal". mtp.indianrailways.gov.in. Retrieved 8 March 2024.
  4. ^ a b c "Annual Report" (PDF). Kolkata Metro Rail Corporation Ltd. 2017.
  5. ^ a b "KMRC Annual Report" (PDF).

External links edit


   

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