JICA
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 »
In a move which marks a noteworthy advancement with regard to the Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) project, the Japan International Co-operation Agency (JICA) has decided to conduct the second and final assessment on different technical and financial parameters of the project at the end of July. In an initial appraisal of the [...] Continue Reading »
Mumbai Metro Rail Corporation (MMRCL) will issue detailed tenders for Metro Phase-3 by July 2014. The contract will be awarded to bidders by October 2014. The construction of this project of 32.5 Km long Colaba-Bandra-SEEPZ underground metro corridor is likely to start from January 2015. Mr. Sanjay Sethi, Managing Director, MMRCL and Additional Metropolitan Commissioner, [...] Continue Reading »
With the completion of most of the land acquisition statutory clearances and the award of civil contracts for 1,100 km for the Dedicated Freight Corridor (DFC), project execution has actually begun. There are two legs of the Eastern corridor covered in the 1,110 km— Mughalsarai-Sonnagar and Khurja-Kanpur — and Rewari to Palanpur on the Western [...] Continue Reading »
Japanese International Cooperation Agency (JICA) will be financially supporting the monorail project in Delhi, confirmed Mahendra Pal Singh, additional chief development specialist, JICA. The Delhi government’s approval on the project report is awaited. Over a period of 14 years, JICA has so far invested 502,644 million yen in the Delhi Metro. Pledged by the Prime [...] Continue Reading »
Kolkata – The Kolkata Metro Rail Corporation (KMRC) has disposed the proposal of realigning the East-West Metro route due to massive increase in cost. KMRC is already bearing Rs 40 crore a day for delay in construction. This realignment of East-West Metro route was proposed to avoid the acquisition of 1.599 acres of land near [...] Continue Reading »
Along wait for Cauvery water in residences gets longer! Supply of Cauvery water was promised to newly added BBMP areas by March 2012, but it looks like it will be delivered by June. The Cauvery Water Supply Scheme (CWSS) Stage IV Phase II was to cater the needs of around 26 lakh Bangaloreans. The reason [...] Continue Reading »
The Japan International Cooperation Agency (JICA) has agreed to fund Rs 4,427 crores cost over the much awaited Kochi Metro Rail Project. Managing Director of the Kochi Metro Rail Limited (KMRL),Tom Jose reported saying that JICA have agreed to fund loan waiting for the Central clearance. The loan is based on the assessment of their funding [...] Continue Reading »
