MMRDA to operate monorail now, terminates contract with LT

The LT consortium won the Rs 2,460-crore contract in 2009 to build and operate a 19.5-km monorail network on the Chembur-Wadala-Jacob Circle corridor connecting the eastern periphery of the island city to the central parts, until 2029. The first phase of the line stretching 8.9 km connecting Chembur with Wadala was commissioned in February 2014.