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Chennai Metro Rail seeks funds from Tamil Nadu govt. for MRTS maintenance for two years after takeover

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Chennai Metro Rail seeks funds from Tamil Nadu govt. for MRTS maintenance for two years after takeover

TRACK TALES CHENNAI Chennai Metro Rail has sought nearly ₹150 crore from the Tamil Nadu government to maintain MRTS stations during the two-year transition period following its takeover from Southern Railway. This phase begins immediately after the Tamil Nadu government and Southern Railway sign the Memorandum of Understanding (MoU).

Railway Board likely to give approval for CMRL takeover of MRTS in four to six weeks storyline 1 Tamil Nadu government to soon sign MoU for Chennai Metro Rail’s takeover of MRTS storyline 1 The Railway Board first gave the nod for Chennai Metro Rail taking over the MRTS system two years ago and then approved the MoU, initiating the process in August this year. Now, discussions are under way between the State government and Southern Railway to come to a consensus on the financial compensation.

If the MoU is signed by December this year as planned, then Chennai Metro Rail would have to begin the work to improve the upkeep of the stations.