Maharashtra Metro Rail Corporation Limited (MAHA-METRO) MAHA-METRO a Special Purpose Vehicle (SPV),a 50:50 jointly owned company of Government of India and Government of Maharashtra. The existing Nagpur Metro Rail Corporation Limited (NMRCL) which would be reconstituted into Maharashtra Metro Rail Corporation Limited (MAHA-METRO) for implementation of all metro projects including Pune Metro Rail Project Phase-1 in the State of Maharashtra outside Mumbai Metropolitan Region for the smooth implementation, execution and operations. Project will be covered under the legal framework of the Metro Railways (Construction of Works) Act, 1978; the Metro Railways (Operation and Maintenance) Act, 2002; and the Railways Act, 1989, as amended from time to time.