Days after it announced a hike of Rs 5 in metro fares from tomorrow, Mumbai Metro One which is operating the 11.4 km Versova-Andheri-Ghatkopar corridor has deferred the revision till December 17.
MMOPL, in a statement, said the revision has been deferred as the Bombay High Court, which is hearing the petition against the proposed fare hikes by the company has scheduled the hearing for December 17.
"Since the high court has scheduled the hearing on priority basis on December 17, we have differed the fare revision till then," MMOPL spokesperson said.
As per the proposed revision, instead of the current four slabs of Rs 10, 20, 30 and 40, the company has introduced five slabs and the fares will be hiked to Rs 10, 20, 25, 35 and 45. The fare slabs per trip for the return journey token category will be revamped from Rs 10, 15, 25 and 30 to Rs 10, 20, 22.50, 30 and 35.
The company had cited financial losses incurred by it the reason for this fare revision.
"While MMOPL continues to suffer losses of about Rs 300 crore per year, we chose to defer any fare revision till November 30 and engage with the government with an intent to finding a viable solution and to avoid giving any shock to its valued commuters. We will continue to pursue the matter," it had said.