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    About Maha Card

    Uploaded by

    Praveen Kumar

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    About Maha Card

    Uploaded by

    Praveen Kumar
    3 views3 pages

    Original Title

    about-maha-card

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    3 views3 pages

    About Maha Card

    Uploaded by

    Praveen Kumar

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Innovative Financing

    Installation, Operation and Maintenance of


    Automatic Fare Collection System on the basis of PPP.

    Technical details of Maha Card


    Ÿ Maha card is a dual interface card i.e. chip based contact and EMV
    based contact-less smart card.
    Ÿ Maha card can be used for transit purposes in Maha Metro, feeder
    busses, parking, retail transactions, utility payments etc.
    Ÿ Maha cards may be issued at the metro stations and at the branches of SBI.

    AFC Business Model


    Ÿ Consortium led by M/s. State Bank of India (SBI) along with M/s. Aurion Pro
    & M/s. SC Soft as other partners are Maha-Metro’s contractor for Automatic
    Fare Collection.
    Ÿ Full up-front Capital Cost of Rs. 260 Crores to be borne by the Consortium.
    Ÿ Maintenance cost for 10 years will also be borne by the Consortium.
    Ÿ Consortium will pay royalty of Rs. 30 Crores to Maha-Metro.
    Ÿ Consortium gets 4% Fare-box Revenue Share of Nagpur Metro.
    Ÿ Maha-Metro will get 25% share on transaction costs of non-transit use of card.
    Ÿ Consortium has exclusive issuance rights for Metro & Bus commuters.

    The above resulted in total savings of Rs. 300 Crores from DPR cost
    to Maha-Metro.

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