Mumbai, April 10 -- The contract covers O&M of the 19.54-km route and 17 stations between Sant Gadge Maharaj Chowk and Chembur in Mumbai for a period of five years. The order is valued at Rs 296 crore.

Under the contract, the company will undertake comprehensive O&M services, including operation of new rolling stock and upgraded Communication Based Train Control (CBTC) signalling system for India's only straddle monorail system, which has been in service since 2014.

Sajja Kishore Babu, chairman and managing director (MD) said: "I am delighted to announce that PMPL has secured a major and strategically significant new award for the Operations and Maintenance of the Mumbai Monorail. This contract signifies PMPL's entry into the urban mobi...