Mumbai Railway Vikas Corporation
 | This article needs additional citations for verification. (February 2017) |
Public sector undertaking | |
| Industry | Rail transport |
|---|---|
| Founded | 12 July 1999 |
| Headquarters | Churchgate, Mumbai , India |
Area served | Mumbai Metropolitan Region |
Key people | Shri Subhash Chand Gupta (Chairman & MD) |
| Revenue |  ₹131.93 crore (US$16 million) (2022-23) |
| ₹87.42 crore (US$10 million) (2022-23) | |
| Owner |
|
Number of employees | 239 (31 March 2023) |
| Website | mrvc |
| Footnotes / references [1][2] | |
Mumbai Railway Vikas Corporation (MRVC) is an Indian
equity capital of Rs. 25 crore shared in the ratio of 51:49 between Ministry of Railways and Government of Maharashtra. MRVC is also involved in the planning and development of the 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
Objectives
- Integrate suburban rail capacity enhancement plans with urban development plan for Mumbai and propose investments.
- Implement the rail infrastructure projects in Mumbai suburban sections.
- Commercially develop Railway land and airspace in Mumbai area to raise funds for suburban railway development.
- Resettlement & Rehabilitation of Project Affected Households.
References
- ^ "Annual Report, 2022-23 (Bilingual)" (PDF). mrvc.indianrailways.gov.in. MRVC. 31 March 2023. p. 91. Retrieved 14 January 2024.
- ^ "About Us". mrvc.indianrailways.gov.in. MRVC. 21 January 2022. Retrieved 14 January 2024.