KMRL
The government order issued last week lacks clarity on the procedures to be adopted while purchasing land. Also there is confusion whether the registration fee and stamp duty will be waived off. Due to this, the revenue officials are unable to start procedures to acquire the remaining land required for the Metro project. Amid criticism [...] Continue Reading »
The Kochi Metro Rail Ltd (KMRL) denied the possibility of acquiring more land for construction of Operation Control Centre (OCC) at Muttom. The Metro agency mentioned that the facility would come in focus at the site identified for Kochi Metro’s coach maintenance yard at Muttom. KMRL spokesperson says that the design of the maintenance yard has [...] Continue Reading »
In Monday’s interim Union Budget, Kochi Metro Rail project has been allotted Rs.462.17 crore. The total cost of the project is estimated to be Rs 5,537-crore. Of this, Rs. 66.95 crore as interest-free subordinate debt, Rs.161.79 crore will be loan while Rs. 233.43 crore will be given as equity contribution. Mr. Elias George, Managing Director [...] Continue Reading »
Kochi- The city is already facing traffic problem and the work of relaying side roads have still not initiated by the Kochi Corporation before the construction work of Kochi metro starts at its desired time. Relaying of side roads is specially important on the stretch between Edappally and Kaloor because once the metro is initiated [...] Continue Reading »
Kochi- Now the Delhi Metro Rail Corporation (DMRC) has taken charge of Kochi metro, it started inviting tenders within few days of the formal announcement. Now DMRC is trying to get land on lease to set up casting yards in and around the city. If the land is available on time, contractors can start their [...] Continue Reading »
Kochi- Although the project work of Kochi metro is handed over to the Delhi Metro Rail Corporation (DMRC), the documents say a different story. According to the documents, the role of the DMRC in handholding the metro will only be ornamental. The fate of Kochi metro was decided jointly by Federal Minister for Urban Development, the Delhi government [...] Continue Reading »
