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Delhi Metro yet to decide on fare hike

Last Updated: Thursday, June 28, 2012 - 17:54

New Delhi: Delhi Metro on Thursday said it has not taken any decision regarding increase in fares in the wake of a steep hike in power tariffs in the capital.

"At present, there is no decision regarding the increase in fares of the Delhi Metro services. Any such revision in fares will be proposed only after consultation with the Board of Directors of the Delhi Metro," the Delhi Metro said in a statement here.

The statement comes in the wake of reports that the power tariff hike could have a trickle down effect on Delhi Metro's fare structure.

"And in case any such change is decided on, the same would be done considering the realistic expenditure incurred by DMRC," the statement said.

However, the hike in the tariff of power supplied to DMRC will impact the operational expenses on electricity of Delhi Metro by approximately 30 per cent, it added.

PTI

First Published: Thursday, June 28, 2012 - 17:54
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