Prime Minister Narendra Modi on Tuesday inaugurated India's first Water Metro services in Kerala's Kochi. Kochi Water Metro would be a significant enhancement to the port city's infrastructure, PM Modi had said.
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Overall cost of the Kochi Water Metro project is ?1,137 crore.
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.
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.
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.
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.