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President Droupadi Murmu on Friday said India has the world's third-largest metro network spanning over 1,000 km and emphasised that efforts to streamline urban transportation are underway. Addressing a joint sitting of Parliament, which marked the start of the Budget session, Murmu said that metro projects in Delhi, Pune, Thane and Bengaluru, along with the recently launched Namo Bharat Rapid Rail on the Ahmedabad-Bhuj route, are shaping the cities of a 'Viksit Bharat'. To accelerate the journey towards 'Viksit Bharat', it is essential to make Indian cities future-ready, she said. In this direction, the government is focused on modernising urban amenities and making them energy-efficient. Simultaneously, the foundation is being laid for the development of new cities, she added. "Today, I am extremely pleased to share that India's metro network has crossed the milestone of 1,000 kilometres. India has now become the third-largest country in the world in terms of the metro network,"
The central government will finance 65 per cent of the estimated cost of Chennai Metro Phase-2 project, which will add up to over Rs 41,000 crore, the finance ministry said on Saturday. The Union Cabinet on Thursday approved a proposal to construct three corridors under the Chennai Metro Rail project phase-2 involving a total estimated cost of Rs 63,246 crore. The Centre's share adds up to over Rs 41,000 crore. In a statement, the finance ministry said the central government will finance almost 65 per cent of the estimated cost of Chennai Metro Phase 2. This will include the entire required loan of Rs 33,593 crore, besides the equity and subordinate debt of Rs 7,425 crore. The balance 35 per cent of the estimated cost will be financed by the state government. "The loans taken from multilateral and bilateral development agencies will be treated as the loans to the central government and will be provided directly to Chennai Metro Rail Ltd (CMRL) from the Central Government's budget
A consortium led by Hitachi Rail has emerged winner for the largest signalling tender worth Rs 1,620 crore that would enable automatic train operations, the Chennai Metro Rail Ltd said on Tuesday. The ultra-modern communication-based train control system would allow Chennai Metro rail to take up automatic train operation without the need for a driver. Hitachi Rail STS SPA and Hitachi Rail STS India Pvt Ltd has been awarded the bid for the 'design, manufacture, supply, installation, testing and commissioning of signalling, train control and video management system', Chennai Metro Rail said in a statement. "This is the largest signalling tender being executed", CMRL said. This is the phase two project of the agency valued at Rs 1,620 crore and the system would incorporate the metro rail technology currently being used around the world. For safe transport of passengers, the system would undergo intensive testing on various safety parameters and it would be certified by an independent
Infrastructure major Larsen and Toubro (L&T) on Monday said it has received another significant contract order for Chennai Metro Rail Project. According to the company's project classification, the value of a significant order ranges between Rs 1,000 crore to Rs 2,500 crore. "L&T Construction awarded another Significant contract for Chennai Metro Rail Project (CMRL)," L&T said in a statement. The scope of the order involves the construction of an elevated viaduct of approximately 10 km, including an elevated ramp and 10 elevated metro stations at Nehru Nagar, Kandanchavadi, Perungudi, Thoraipakkam, Mettukuppam, PTC colony, Okkiyampet, Karapakkam, Okkiyam Thoraipakkam and Sholinganallur. This elevated metro rail package is to be constructed in 35 months. L&T is already executing four packages of CMRL Phase II, of which one is underground and the other three are elevated packages. L&T had earlier executed metro rail projects for CMRL in Phase I.
Tata Projects has won an order from the Chennai Metro Rail to build a nine-kilometre underground stretch with four stations for an estimated cost of Rs 1,999 crore. The project is part of the phase 2/corridor 3 of the Chennai metro and falls between Venugopal Nagar and Kellys Station, the company said on Wednesday without revealing the order value. A source at the company said the project is for Rs 1,999 crore. The work involves construction of the nine-kilometre twin bored tunnels, totalling 18 kilometres, from Venugopal Nagar to Kellys Station. The work has to be completed in four years. It also involves construction of the diaphragm walls of the station box and entry/exit structures of the Madhavaram Milk Colony, Murari Hospital, Ayanavaram and Purasaiwakkam High Road stations, including launching and retrieval shafts as required at these stations. Raman Kapil, vice-president and head of metros & tunnels business unit at Tata Projects, said they have received the letter of ...