Mumbai Railway Vikas Corporation

Last updated

Mumbai Railway Vikas Corporation
Company type Public sector undertaking
Industry Rail transport
Founded12 July 1999;25 years ago (1999-07-12)
Headquarters Churchgate,
Mumbai
,
India
Area served
Mumbai Metropolitan Region
Key people
Shri Subhash Chand Gupta (Chairman & MD)
RevenueIncrease2.svg131.93 crore (US$16 million) (2022-23)
Increase2.svg87.42 crore (US$10 million) (2022-23)
Owner
Number of employees
239 (31 March 2023)
Website mrvc.indianrailways.gov.in
Footnotes /references
[1] [2]

Mumbai Railway Vikas Corporation (MRVC) is an Indian public sector undertaking responsible for executing railway projects under the Mumbai Urban Transport Project (MUTP) as sanctioned by Ministry of Railways for enhancing suburban rail transportation. It was incorporated under Companies Act, 1956 on 12 July 1999 with an equity capital of Rs. 25 crore shared in the ratio of 51:49 between Ministry of Railways and Government of Maharashtra. MRVC is also involved in the planning and development of the Mumbai Suburban Rail system.

The main objectives of MUTP are:

Objectives

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References

  1. "Annual Report, 2022-23 (Bilingual)" (PDF). mrvc.indianrailways.gov.in. MRVC. 31 March 2023. p. 91. Retrieved 14 January 2024.
  2. "About Us". mrvc.indianrailways.gov.in. MRVC. 21 January 2022. Retrieved 14 January 2024.