Continue on TOI App
Open App
OPEN APP

Chennai Metro Rail finds alternative revenue source

CHENNAI: Chennai Metro Rail Ltd has given advertising rights to a private firm to put up advertising boards on its piers and portals.

A release said CMRL has awarded the advertising rights to Mudra Ventures through a tender process.

Officials said the contract was awarded for different stretches -- from Meenambakkam metro station to Alandur metro, Alandur metro to Little Mount metro and Ekkaduthangal metro to CMBT metro.

“This will be one of the major alternative revenue generations for CMRL along with other mediums of advertising and retail and office space portfolios which would help in covering the operational expenses,” the release said.

CMRL would float a tender for piers and portal advertising rights for New Washermenpet -Wimco Nagar depot metro alignment shortly, the release added.


Stay updated with the latest news on Times of India. Don't miss daily games like Crossword, Sudoku, and Mini Crossword.
Continue Reading
Follow Us On Social Media
end of article
More Trending Stories
Visual Stories
More Visual Stories
UP NEXT
Do Not Sell Or Share My Personal Information