Kerala Metro Rail Corporation Limited, abbreviated to KMRCL, is a special purpose vehicle (SPV) formed to implement light metro projects in

Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South ...

. Kerala has light metro systems planned for the cities of

Kozhikode Kozhikode (), also known in English as Calicut, is a city along the Malabar Coast in the state of Kerala in India. It has a corporation limit population of 609,224 and a metropolitan population of more than 2 million, making it the second l ...

and

Thiruvananthapuram Thiruvananthapuram (; ), also known by its former name Trivandrum (), is the capital of the Indian state of Kerala. It is the most populous city in Kerala with a population of 957,730 as of 2011. The encompassing urban agglomeration populati ...

. The SPV is fully owned by the State Government and the Chief Minister is the Chairman of the company. The head office of KMRCL is at Thiruvananthapuram, with branches at Kozhikode and Thiruvananthapuram. Earlier it was Kerala Monorail Corporation Ltd. Since monorail was not financially viable, DMRC proposed light metro. The chief minister,

Pinarayi Vijayan Pinarayi Vijayan (; born 24 May 1945) is an Indian Communist politician who is the current Chief Minister of Kerala, serving since 25 May 2016. A member of the Politburo of the Communist Party of India (Marxist), he is the longest-serving sec ...

, is the chairman of the board and Public Works Minister P. A. Mohammed Riyas is vice chairman. The other board members are Ministers KN Balagopal, Antony Raju, P Rajeev, K Rajan as well as officials of Public Works and Transport departments.

History

Administrative sanction was given in October 2012 to begin monorail projects in Kozhikode and Thiruvananthapuram. KMCL was given control of the Thiruvananthapuram Monorail project on 26 November 2012. The government had handed over the Kozhikode Monorail project to the KMCL prior to that. The state government received approval to float KMCL from the

registrar of companies A company register is a register of organizations in the jurisdiction they operate under. A statistical business register has a different purpose than a company register. While a commercial/trade register serves a purpose of protection, account ...

and was incorporated on 5 December 2012. KMCL's first board meeting was held in

on 18 December 2012. At the meeting, it was decided to open KMCL offices in the two cities. On 12 June 2013, the State Cabinet gave clearance for an agreement to be signed between KMCL and DMRC, that would make the latter the general consultant for the monorail projects in Kozhikode and Thiruvananthapuram. The DMRC will receive a consultancy fee of 3.25% of the 5,581 crore ( 3,590 crore for Thiruvananthapuram and 1,991 crore for Kozhikode). The agreement was signed on 19 June 2013.

References

{{Railways in Southern India Rail transport in Kerala Monorails in India Rapid transit companies of India

History

See also

References