Lucknow Metro running into losses, says Annual Statement tabled in assembly

Share this post on:

Lucknow, May 28: The Annual Statement of Uttar Pradesh Metro Rail Corporation Limited (UPMRCL) 2020-21 was tabled in the Vidhan Sabha on Saturday.

According to this, the expenditure on operating the metro train in Lucknow is increasing, while the income is less.

According to the annual statement of UPMRCL, in this financial year, an income of Rs 69.26 crore has been generated, while the expenditure has been Rs 398.29 crore. Comparing expenses and income, a loss of Rs 329.03 crore is mentioned. The main reason for this is believed to be the Covid-19 lockdown. Metro rail services were suspended in Lucknow from March 22 to September 6 2020. Thereafter, there was a sharp decline in revenue from operations.

At present, a metro train is running between Chaudhary Charan Singh Airport and Munshipulia in the capital Lucknow in a radius of 22.878 km. It has a total of 21 metro stations. Of these, four are underground and 17 are overhead. It connects major points of the city like Amausi Airport, Charbagh, Badshah Nagar Railway Station with interstate bus stand.

Apart from this, the new 750 volts DC third rail traction system will now be used in place of 25 kW AC traction system commonly used for Kanpur and Agra metro rail projects. Environment Management Certificate has also been obtained for the first section of Kanpur Metro Rail Project.

Share this post on: