Metro
After a decade, the Ahmedabad metro rail project is finally on track. Japan International Co-operation Agency (JICA) has agreed to a long-term soft loan worth Rs 5,900 crore. This will take care of funding for the first phase of construction. JICA officials concluded the final assessment of the project in July-end on various technical and [...] Continue Reading »
L&T (Larsen and Toubro) Hyderabad Metro Rail Limited today hinted at the possibility of cost escalation of the elevated metro rail project by about Rs 2,500 crore to Rs 3,000 crore.The Rs 12,132-crore-project may need such additional funding for some of the unavoidable circumstances. These include the initial delay in the appointed date, inflation and [...] Continue Reading »
The Mumbai Metro master plan has been revised by the Maharashtra Government. The decision to revise the Metro master plan has been taken by the government to ensure that the Chatrapati Shivaji International Airport in Mumbai and the proposed international airport at Panvel in Navi Mumbai are directly connected. As a result of the revision, [...] Continue Reading »
With the Centre’s requisite approval to the Phase-I extension of the Chennai Metro Rail expected in the near future, the land acquisition process for the Metro extension project will likely be commenced by the Chennai Metro Rail Limited in the coming months. The Phase-I extension of Chennai Metro Rail involves a 9-km stretch between Washermanpet [...] Continue Reading »
A metro extension connecting Dwarka and Gurgaon has been delayed indefinitely, as the Delhi Metro Rail Corporation (DMRC) has not submitted the detailed project report to the Haryana government. With the state assembly polls due in October, the model code of conduct will further delay the project. The extension plan has been struggling to take [...] Continue Reading »
Union urban development minister Venkaiah Naidu said that Centre would favourably consider plans to extend Kochi Metro to Tripunithura and Kakkanad. The minister assured Kochi Metro Rail Ltd (KMRL) that the government would consider their request to allocate Rs 400 crore additionally in the current fiscal. This year, Kochi Metro is looking for a budgetary [...] Continue Reading »
The feasibility study for change in alignment of L&T Hyderabad Metro Rail Limited will be concluded within month and submitted to the Telangana Government. Thereafter, if the changes are to be brought about, which the Government would decide, the concessionaire L&T would be compensated. This could mean an additional investment of about few hundred crores [...] Continue Reading »
In an announcement made in Mumbai on Tuesday, Union Urban Development Minister Venkaiah Naidu said that the Union Government is ready to give its requisite approval to a ring metro rail service for the city, as well as its neighbouring areas like Thane, if the Maharashtra Government moves such a proposal. Naidu reiterated the Union [...] Continue Reading »
During the inauguration of the connecting bridge between Sampige Metro station and Mantri Square Mall on Wednesday, BMRCL Managing Director Pradeep Singh Kharola said that this station is one of the most successful examples of Public Private Partnership (PPP) model and it would be replicated in other stations as well in the Namma Metro Phase [...] Continue Reading »
The Rs 2,494-crore project to extend the Delhi Metro from Badarpur to YMCA Chowk in Faridabad has been delayed and services are now expected to begin in May 2015. A delegation of the Confederation of Resident Welfare Associations recently met Delhi Metro Rail Corporation (DMRC) managing director Mangu Singh to seek adequate feeder and link [...] Continue Reading »
