The State government is likely to merge Kerala Rapid Transit Corporation Limited (KRTCL), the special purpose vehicle (SPV) formed to execute the light metro project in Thiruvananthapuram and Kozhikode, with Kochi Metro Rail Corporation Ltd. (KMRL) following a suggestion by the Union Ministry for Housing and Urban Affairs (MoHUA).
According to sources, the Centre has asked the State to consider forming one metro company for different metro projects in various cities in a State. Though the State has formed KRTCL for light metro project and went ahead with works, including the reworking of the Detailed Project Report (DPR), the State was of the opinion that there was nothing wrong in merging it with the KMRL as suggested by the Centre, said sources.
