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What is Mumbai Rail Vikas Corporation mean?
Mumbai Railway Vikas Corporation (MRVC) is under the ownership of Indian Railways, Ministry of Railways, Government of India. It was incorporated under Companies Act, 1956 on 12 July 1999 with an equity capital of Rs. 25 crore shared in the ratio of 51:49 between Ministry of Railways and Government of Maharashtra. MRVC is responsible to execute the projects under Mumbai Urban Transport Project (MUTP) as sanctioned by Ministry of Railways for enhancing suburban rail transportation capacity thereby reducing the over crowding and meeting future traffic requirements. The corporation will also be involved in the planning and development of Mumbai Suburban Rail system. The main objectives of MUTP are:
Bringing down the passengers per 9 coach to 3000 as against existing 5000.Segregate the suburban train operation from the main line passenger and freight services reference| Full Form | Category |
|---|---|
| M R V Communications, Inc. | Business |
| Mumbai Rail Vikas Corporation | Regional |
Posted on 06 Oct 2024, this text provides information on Miscellaneous in Regional related to Regional. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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