The Water Metro project costs Rs 1,136.83 crore and is being funded by Government of Kerala and German bank KfW.
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Kerala's Kochi Metro has achieved an operating profit for the first time since it began services six years ago. With record-breaking passenger traffic, the Metro saw a 145 percent increase in revenue in the 2022-23 fiscal year compared to the previous year.
Kerala's Kochi Metro has achieved an operating profit for the first time since it began services six years ago. With record-breaking passenger traffic, the Metro saw a 145 percent increase in revenue in the 2022-23 fiscal year compared to the previous year.
Kochi Metro has achieved its first-ever operating profit after six years of operation, with a remarkable 145 per cent increase in revenue in the 2022-23 fiscal year. Kerala's Kochi Metro has achieved an operating profit for the first time since it began services six years ago.
The Delhi Metro was shut for more than 170 consecutive days during this period, resulting in nil passenger traffic volume that caused a huge financial loss to the urban rapid mass transit system.
Once fully operational in 2035, the Kochi Water Metro will connect 10 island communities with Kochi's mainland through 78 battery-operated electric hybrid boats, 15 strategic routes, and 38 modern terminals.
Hong Kong's MTR Corporation runs the most valuable metro railway in the world. In 2017 it banked US$2.2 billion (HK$17 billion) profit, more than enough to buy seven Boeing 777 jets.
1. Delhi Metro. The Delhi Metro network consists of 12 color-coded lines with a total length of 391 kilometers. It is the largest and busiest metro rail system in India.
Advantages of the Kochi Water Metro Project:Drastically reduce the road traffic by diverting the passengers to water transport. In turn, it would assist in reducing the road congestion on the roads. Reduction in the atmospheric pollution from land vehicles and carbon footprint of Kochi City.