The contractual agreement between Kochi Metro Rail Limited (KMRL) and Delhi Metro Rail Corporation (DMRC) is unlikely to be signed before the KMRL’s Director Board meeting on March 5.

But this will not hamper the progress of Kochi Metro’s works, since the terms of engagement that was finalised early in January by the Ministry of Urban Development had clearly demarcated the metro’s works between the two agencies.

A meeting of the sub committee headed by the KMRL’s MD Elias George, constituted for finalising the contractual agreement was held here on Friday.

The agreement will be finalised once it is approved by the director boards of KMRL and DMRC.