Kolkata Metro Rail Corporation
From Wikipedia, the free encyclopedia
 | |
 Headquarters in Kolkata | |
| Company type | Government-owned corporation |
|---|---|
| Founded | July 2008 |
| Headquarters | KMRCL Bhawan, HRBC Complex, 2nd & 3rd Floor, Munsi Premchand Sarani, , |
Area served | Kolkata, Howrah |
Key people |
|
| Services | Public transport |
| Revenue | ₹12.843 lakh (equivalent to ₹14 lakh or US$16,000 in 2023) (2022) |
 ₹7.9286 lakh (equivalent to ₹8.4 lakh or US$9,900 in 2023) (2022) | |
| Total assets | ₹8,461.774 crore (equivalent to ₹90 billion or US$1.1 billion in 2023) (2022) |
| Owner | Government of India
Ministry of Railways:- 74% Ministry of Housing and Urban Affairs:- 26% |
| Website | kmrc |
| Footnotes / references "ANNUAL REPORT ENGLISH 2021-2022" (PDF). Kolkata Metro Rail Corporation Ltd. 2022. | |
Kolkata Metro Rail Corporation (KMRC) is a Government of India enterprise formed in 2008. The agency was formed to oversee the implementation of the Kolkata Metro Green Line, also known as the East–West Metro, connecting the twin cities Kolkata and Howrah. The metro rail route is partly underground, including the part that will be under the river Ganges.[1][2][3] The 16.6 km route has six stations each in underground and elevated portions. The terminal stations are Salt Lake Sector V and the Howrah Maidan.[4] The elevated stretch started operations on 13 February 2020.
History
KMRC was formed as a joint venture company between two govt bodies, i.e. Government of West Bengal and Government of India on a 50-50 partnership basis. Ministry of Urban Development (now renamed as Ministry of Housing and Urban Affairs) holds the shares on behalf of Govt. of India.
On 29 September 2010, it was decided that Govt. of West Bengal withdraws all its shares from KMRC, and Govt. of India will be the shareholder of KMRC along with JICA. Thus Govt. of West Bengal gave all its shares to the Ministry of Railways, and making Kolkata Metro a central government entity again.[4]
Current status
The current shareholders are given below-
- Ministry of Railways 74% (including the shares of Govt. of West Bengal)
- Ministry of Housing and Urban Affairs 26%
As of 31 March 2017, equity holding details-
