This is an archive article published on January 15, 2014
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DMRC says losses slashed on Airport line

DAMEPL stopped operating the line in July, at which point the operational losses from the line were almost Rs 5 crore per month.

2 min readNew DelhiJan 15, 2014 03:31 AM IST First published on: Jan 15, 2014 at 03:31 AM IST

In the six months since Delhi Metro Rail Corporation (DMRC) took over operations and maintenance of Airport Metro from Delhi Airport Metro Express Private Limited (DAMEPL), Delhi Metro has taken a host of measures to bring down losses on the line.

According to director of operations Sharat Sharma, “things are looking hopeful”, even though he refused to share precise numbers on how far losses had been reduced.

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“DAMEPL stopped operating the line in July, at which point the operational losses from the line were almost Rs 5 crore per month, apart from the additional liabilities from loans worth Rs 16 crore per month. Since August 1, we have tried to bring down expenses and increase earnings,” Sharma said.

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