Latest news with #Metro-1
Indian Express
10-06-2025
- Business
- Indian Express
Deposit over Rs 1,000 cr to obtain stay on arbitral award: HC to MMRDA on dispute with Reliance Infrastructure
The Bombay High Court on Tuesday directed the MMRDA to deposit by July 15 nearly Rs 1, 169 crore in its registry to obtain stay on the operation of the arbitral award in favour of Mumbai Metro One Pvt Ltd (MMOPL) in connection with the dispute over Metro-1 (Versova-Ghatkopar) route in suburban Mumbai. The HC refused a request by Mumbai Metropolitan Region Development Authority (MMRDA) for an unconditional stay on the arbitral award without depositing the award amount. The MMOPL is a joint venture between Reliance Infrastructure Limited led by businessman Anil Ambani, which holds 74 per cent stake, and the MMRDA (26 % stake) and operates Versova-Ghatkopar metro corridor The Reliance Infrastructure Limited, in its disclosure before the stock exchanges on Tuesday claimed that the entire arbitral award amount was to the tune of Rs 1,169 crore (inclusive of accrued interest as on May 31). The arbitral tribunal in August 2023 had passed an award in favour of MMOPL to the tune of Rs 992 crore along with interest. A single-judge bench of Justice Somasekhar Sundaresan on Tuesday passed a judgment on MMRDA's interim application seeking stay on the effect and operation of the arbitral award. The stay application was filed by MMRDA in a Commercial Arbitration petition filed under section 34 of Arbitration and Conciliation Act, 1996, seeking to quash and set aside the said arbitral award related to development, design, engineering, financing, procurement, construction, operation and maintenance of Versova-Ghatkopar metro corridor under concession agreement of March 7, 2007. The respondent MMOPL raised claims in arbitration proceedings stating that the delay of two years in starting the project increased its costs from Rs. 2,356 crore to Rs. 4,321 crore, which resulted in the arbitral award in favour of MMOPL. Senior advocate J P Sen for the MMRDA argued that the impugned award was 'perverse and patently illegal' and that it should not be directed to deposit the awarded amounts as same would cause grave and irreparable harm to the authority. However, senior advocate Prateek Seskaria for MMOPL opposed the MMRDA's application and argued that the arbitral award was entirely correct and was passed taking note of true and fair view of the factual position certified by the Board of Directors and Audit Committee of MMOPL, which included MMRDA's nominees. After perusing submissions, Justice Sundaresan observed that 'no case was made out for an unconditional stay of the impugned award'. 'Therefore, it is directed that if MMRDA were to fully deposit the entire amount awarded in the impugned award along with interest as awarded (computed as of May 31, 2025), no later than July 15, 2025, execution of the impugned award shall remain stayed pending hearing and final disposal of the Section 34 Petition,' the HC held and disposed of the application.
News18
30-05-2025
- News18
Can Mumbai Metros Take You From Borivali Or Dahisar To Your Worli Office? Yes. Here's How
Last Updated: Borivali to Worli, Lower Parel Mumbai Metro Route: How many Metros does one need? What are the fares? How much time will it take? How to get the tickets? The Mumbai Metro Line 3, phase two of the aqua line, reached Worli earlier this month. After the temporary disruption owing to rains, the services are back. While the Metro-3 can help officegoers reach Worli from Bandra-Kurla Complex in 15 minutes, many still have questions. Here are the most common ones: How can those living in Borivali/Dahisar reach their workplace in Worli/Lower Parel using Metro. How many Metros does one need to change? What's the fare? How much time will it take? News18 answers all your questions. 🚇 मुंबई मेट्रो ३ धाव उद्यापासून आचार्य अत्रे चौकापर्यंत!📢 १० मे २०२५ पासून मेट्रो लाइन ३ ची सेवा आता आरे (जे.व्ही.एल.आर.) ते आचार्य अत्रे चौक दरम्यान सुरू होत आहे! ⏰ पहिली ट्रेन सकाळी ६:३० वाजता, शेवटची ट्रेन रात्री १०:३० वाजता.सेवेचे वेळापत्रक:•सोमवार ते शनिवार: सकाळी… — MumbaiMetro3 (@MumbaiMetro3) May 9, 2025 The Mumbai Metro-3 has three phases: Aarey Colony to Bandra-Kurla Complex (BKC): The 12.69-km phase was thrown open to the public on October 7, 2024. The stations are BKC, Bandra Colony, Santacruz, Chhatrapati Shivaji Maharaj International Airport (CSMIA) T1, Sahar Road, CSMIA T 2, Marol Naka, Andheri, SEEPZ and Aarey Colony JVLR (the only station at grade). BKC to Worli: The phase two has the following stations — Dharavi, Shitaladevi Temple, Dadar, Siddhivinayak Temple, Worli and Acharya Atre Chowk (Worli Naka). Worli to Cuffe Parade: The phase three will have the following stations — Science Museum, Mahalaxmi, Mumbai Central, Grant Road, Girgaon, Kalbadevi, CSMT, Hutatma Chowk, Churchgate, Vidhan Bhavan, Cuffe Parade. The 9.77-km BKC-Worli Metro-3 operates eight trains on the section with line runs at a frequency of every 6 minutes and 20 seconds. First Metro runs from Aarey JVLR at 6.30 am. Last from Acharya Atre Chowk is at 10.30 pm. In a major relief for commuters, the Mumbai Metro Rail Corporation (MMRC) has announced free Wi-Fi at the concourse level of all operational Aqua Line stations. This move comes in response to persistent mobile network blackouts inside stations and trains, which had disrupted mobile-based services including digital ticketing, UPI payments, and communication. As Phase 2A of Aqualine is plying and connecting commuters to Worli, we'd like to guide you through open and functional entry/exit points.✅ Open Entry/Exit A1- Worli Police Station B1 – Glaxo Smith Kline B2 – Dr Ravindra Kulkarni Chowk Samsira B3 – Worli Fire Station B4… — MumbaiMetro3 (@MumbaiMetro3) May 12, 2025 FOR THOSE COMING FROM DAHISAR OR BORIVLI METROS FROM DAHISAR EAST: Take Metro-7 (click for detailed explanation) and get off at Gundavli. Change over to Metro-1's (Versova-Andheri-Ghatkopar) Western Express Highway station. It is a five-minute walk between Metro 7 and Metro-1 through a 58-metre foot overbridge, so plan accordingly. Using Metro-1, travel towards Ghatkopar and get off at Marol Naka. Change over to the underground Metro-3 which will take you to BKC or further to Worli. If you are coming from an area in the vicinity of Dahisar, check where you can board Metro-7. Here is the list of stations: Dahisar East, Ovaripada, National Park, Devipada, Magathane, Poisar, Akurli, Kurar, Dindoshi, Aarey, Goregaon E (Interconnect Mumbai Metro-6: Pink Line), Jogeshwari E, Shankarwadi, and Gundavali (Earlier Andheri East, Interconnect Mumbai Metro 1 – Blue Line and Mumbai Metro: 7A – Red Line). Metro 7A is the southern extension of the operational Metro Line 7 from Andheri (East) to Dahisar (East). METROS FROM BORIVLI WEST: Take Metro-2A (click for detailed explanation) from Borivali West and get off at Andheri West. Change over to Metro-1's DN Nagar station. Using Metro-1, travel towards Ghatkopar and get off at Marol Naka. Change over to the underground Metro-3 and head to BKC or further to Worli. Take a look at all stations on Metro 2A, to find your nearest station. Dahisar (East), Anand Nagar, Kandarpada, Mandapeshwar-I C Colony, Eksar, Borivali (West), Pahadi Eksar, Kandivali (West), Dahanukarwadi, Valnai, Malad (West), Lower Malad, Pahadi Goregaon, Goregaon (West), Oshiwara, Lower Oshiwara, Andheri (West) Phase 2A commenced services on 10th May 2025, allowing passengers to travel from #AareyJVLR to #AcharyaAtreChowk via Aqualine at these TO SATURDAY –First train @ 6.30 amLast train @ 10.30 pm SUNDAY –First train @ 8.30 amLast train @ 10.30 pm… — MumbaiMetro3 (@MumbaiMetro3) May 13, 2025 TICKET FARES Fare Chart Overview 🎫Fare details for the operational route of Aqualine from #AareyJVLR to #AcharyaAtreChowk. This fare structure offers a convenient and affordable travel option across Mumbai's underground corridor🚇 @CMOMaharashtra @MahaDGIPR @MoHUA_India #MMRC #MetroFare … — MumbaiMetro3 (@MumbaiMetro3) May 13, 2025 HOW TO GET TICKETS? To book metro tickets through WhatsApp, send a 'Hi" to 86526 35500 for other lines and 96700 08889 for Metro 1. This will initiate a chatbot that will guide you through the booking process. You can also scan a QR code displayed at metro stations to access the same functionality. You can also book tickets online using Mumbai 1 App. Additionally, there is also an NCMC (National Common Mobility Card) transport card called SBI Mumbai 1 card. It is a kind of smart card that you can recharge and use directly at the metro station. The website: ALSO READ | Mumbai Mira-Bhayander Metro-9: CSMIA, Bandra To Dahisar, Thane, The Double-Decker Line Connects All The Mumbai Metro app allows passengers to buy tickets, recharge smart cards, and check the schedule and fares of the trains. The app also offers other features, such as a route planner and real-time updates on train timings. Same goes for Mumbai Metro-3 app. At the counter by paying cash. HELPLINES 1800220220, 1800220221 TRAVEL TIME FROM AAREY To Dharavi: 27 minutes To Shitaladevi Mandir: 29 minutes To Dadar Metro: 32 minutes To Siddhivinayak Mandir: 34 minutes To Worli: 36 minutes To Acharya Atre Chowk: 39 minutes For better visibility and enhanced convenience for pedestrians and commuters, #MMRC has implemented yellow Box and prominent Pedestrian crossing 🚧 near the Entry/Exit gates of #Dadar Metro Station, on the road at Ram Ganesh Gadkari Chowk. Similar upgrades are underway at other… — MumbaiMetro3 (@MumbaiMetro3) May 18, 2025 WHEN WILL METRO-3 REACH CSMT? The Mumbai Metro Rail Corporation Limited (MMRCL) on February 28 achieved a significant milestone towards completion of the city's first underground corridor, as a trial train reached Cuffe Parade station. MMRC managing director Ashwini Bhide had said, '…We have successfully initiated train movement from Acharya Atrey Chowk to Cuffe Parade. We are committed to commissioning the entire line by July 2025." WHAT IT MEANS FOR COMMUTERS top videos View all The fully operational Metro-3 line will connect key areas of Mumbai through 27 stations, of which 26 will be underground. It will improve connectivity to major commercial hubs such as Nariman Point, BKC and SEEPZ. About the Author Manjiri Joshi At the news desk for 17 years, the story of her life has revolved around finding pun, facts while reporting, on radio, heading a daily newspaper desk, teaching mass media students to now editing special copies ...Read More tags : Mumbai metro mumbai metro line 3 news18 specials Location : Mumbai, India, India First Published: May 30, 2025, 19:42 IST News cities Can Mumbai Metros Take You From Borivali Or Dahisar To Your Worli Office? Yes. Here's How
