New Delhi, India, 7th November 2022: Mumbai Metro One Private Ltd. (MMOPL) has been conferred with "Excellence in Commuter Friendly technology Innovation" Award in ‘Rail & Metro’ category at the 2nd Urban Infra Business Summit & Awards 2022 held on 7th November 2022 at India International Centre, New Delhi.
The award was given at a grand ceremony - 2nd Urban Infra Business Summit & Awards 2022 hosted by Urban Infra Group on 7th November 2022 at India International Center, New Delhi, India. The award ceremony was attended by dignitaries from the nodal ministries, government departments, public sector undertakings (PSUs), and industry leaders from the leading multi-national companies (MNCs) engaged in developing major urban infrastructure in India.
As the country looks to create world-class infrastructure, Mass Rapid Transit System (MRTS) is being developed across Indian metros to provide a fast, easy and comfortable commute through high-speed trains. Reliance Infrastructure partnered with MMRDA in Mumbai to successfully implement a world-class mass rapid transport system for the city of Mumbai.
Versova-Andheri-Ghatkopar Corridor, a Mass Rapid Transit System project was awarded by Mumbai Metropolitan Region Development Authority (MMRDA) through a global competitive bidding process on Public-Private-Partnership (PPP) framework to R Infra led consortium in 2007. This was the first Metro project awarded in the country on a PPP basis and entails design, financing, construction, operation and maintenance of about 12 km elevated metro with 12 stations en-route.
A special purpose vehicle, namely, Mumbai Metro One Private Limited (MMOPL) was incorporated for the implementation of the project. RInfra holds 74% of the equity share capital of MMOPL, while MMRDA holds 26%.
Mumbai Metro One has provided much needed east to west connectivity and has carried millions of happy commuters since its inception.
The Urban Infra Business Leadership Awards are given to corporate and individual leaders in recognition and honor for their extraordinary contribution to developing major infrastructure projects in India through their innovative ideas, products, and services. A total of 41 (9 individuals and 32 corporate) were felicitated with the 2nd Urban Infra Business Leadership awards.
The 1st edition of Urban Infra Business Leadership Awards was held virtually in 2020 due to the countrywide pandemic.
The Urban Infra Group is comprised of three leading media firms - Urban Infra Communication, Urban Transport News, and Metro Rail Today - working for trustworthy journalism for urban infra sectors in India.
The 3rd edition of Urban Infra Business Summit & Awards 2023 is scheduled on 10th October 2023 at India International Centre, New Delhi, India.
Nominations open for the 3rd Urban Infra Business Leadership Awards 2023.
