CMDA explores revenue-sharing model for three bus terminals
The Hindu
Tenders floated to select consultants for preparing feasibility report
The Chennai Metropolitan Development Authority (CMDA) is exploring a revenue-sharing model for the operation and maintenance of three bus terminals at Kilambakkam, Kuthambakkam and Madhavaram by granting concessionaire.
The CMDA is exploring ways for the best utilisation of Puratchi Thalaivar Dr. MGR Bus Terminus (CMBT) and Chennai Contract Carriage Bus Terminus (CCCBT) (Omni Bus Stand) at Koyambedu after the operations of south- and west-bound buses are shifted to new bus terminals at Kilambakkam and Kuthambakkam respectively.
The CMDA this week floated two tenders for selecting consultants to prepare the feasibility report for identifying concessionaire for operation and maintenance through revenue-sharing models for the three bus terminals.
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