Delhi Metro to recover Phase-I cost by 2011
By ians • Oct 7th, 2009 • Category: BusinessNew Delhi, Oct 6, Delhi Metro announced Tuesday that it would recover the Rs.105.71 billion (Rs.10,571 crore) spent on its presently operational network by 2011, two years ahead of target.
Delhi Metro
Delhi Metro Rail Corp (DMRC) spokesperson Anuj Dayal said the rising footfall of commuters was the reason for the early cost recovery.
A Central Road Research Institute (CRRI) study in 2007, when the number of daily commuters was 500,535, indicated that the break-even cost of the phase I construction of Delhi Metro would be recovered by 2013.
But with average daily ridership reaching 950,000, this can now be achieved by 2011.
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