The European Investment Bank (EIB Global) will provide a 300 million euro (about Rs 2,800 crore) loan for Bengaluru suburban railway, a top official said on Friday. "This loan of 300 million euro is for building a new suburban railway network covering four dedicated rail corridors in Bengaluru. The network will stretch over a total of 149 km and include 58 stations and two depots" EIB Vice-President Nicola Beer said here. The project promotes a modal shift from road to rail and addresses congestion, air and noise pollution, road safety and greenhouse gas emissions while providing an affordable mobility solution to improve access to jobs and study opportunities, she said. Since 2016, EIB has provided loans worth 3.25 billion euro (about Rs 30,225 crore) for the transport sector across India, Beer said, adding that the country is the largest beneficiary of EIB transport financing outside Europe. Home to around 1.4 crore people and expected to reach 2 crore by 2030, Bengaluru is India
The approval for the two Phase 3 corridors is in an advanced stage
The Bengaluru international airport had a footfall of 37.2 million passengers in 2023, marking a 35.3 per cent increase compared to the previous calendar year, airport authorities said on Friday. The airport, known as Kempegowda International Airport, said that 32.7 million of these passengers were domestic and 4.5 million were travellers to international destinations. On April 29, 2023, the airport recorded the highest number of passengers in a single day--1,16,688. In 2023, factors such as reduced travel limitations, improved economic conditions, and increased demand for leisure and business travel led to a notable rise in growth numbers, a statement issued by the airport said. It said that March 17, last year had 748 air traffic movements (ATMs), defined as the landing or take-off of an aircraft, the highest for a single day in the year. "It is a notable recovery, considering that the highest ATMs on any single day in calendar year 2022 was 693. Domestic ATMs last year saw a ...
The Outer Ring Road (ORR) area of the city was the worst hit, as people were stuck there for over five hours, and many commuters faced car breakdowns
The metro-based property search feature allows users to find homes along metro lines close to their workplace
State-owned REC Ltd will provide finance of Rs 3,045 crore to Bangalore Metro Rail Corporation to develop Phase-II project in Bengaluru. REC approved a proposal in this regard at a board meeting held on Saturday, a company statement said. Phase-II project comprises extension of two corridors of Phase-I and establishing 2 new lines from RV Road to Bommasandra and Kalena Agrahara to Nagawara. The project will enhance connectivity and ease traffic in the city. With completion of Phase-II (72.09 km), the combined network of Bangalore Metro will be 114.39 km, with 101 stations. REC is an NBFC focusing on power sector financing and development across India.
Prime Minister Narendra Modi on Friday inaugurated the 13.71 km Whitefield (Kadugodi)-to-Krishnarajapuram Metro Line here, which has 12 stations, and was built at a cost of Rs 4,249 crore. He also took a ride on the Metro and interacted with people from different walks of life, including Bengaluru Metro rail staff, metro construction workers and students. The Prime Minister walked up to the ticket counter and then passed through the entry gate, as a common passenger would, to board the Metro train. He was accompanied by Karnataka Governor Thaawarchand Gehlot and Chief Minister Basavaraj Bommai, among others. Officials said this section was the eastern extension to the operational East-West Corridor (Purple Line) from Baiyappanahalli to Whitefield Station. Of the 15.81 km extension under construction, the 13.71 km section from K R Puram to Whitefield was inaugurated on Saturday, which officials said would cut down the journey time on this route by 40 per cent and reduce road traffi
The BMRCL had suspended three engineers hired on contract basis and sent two notices to the Nagarjuna Construction Company, which is executing the contract
Vadiraj Krishnamurthy, Vice President Technology and Innovation, Bosch Global Software Technologies, said the future is software defined fully programmable vehicles
Power Mech Projects Ltd on Thursday said its joint venture with RITES has received an order worth Rs 499.41 crore from the Bangalore Metro Rail Corporation Ltd (BMRCL). The project has been awarded to RITES- PMPL. According to a regulatory filing, the order is for construction of Depot cum workshop at Challaghatta in Reach-2 Extension of Bangalore Metro Rail Project, Phase-2. "The company has received a Letter of Award (LoA) worth Rs 499.41 crore from Bangalore Metro Rail Corporation Ltd (SMRCL)," the filing said.
The flood on August 30, which brought parts of Bengaluru to its knees, led to a loss of about Rs 225 crore in a single day
The move of Bengaluru Metro Rail Corporation's (BMRCL) to put up a photo of Veer Savarkar in the flex installed in the premises of Majestic Metro station has stirred a controversy.
Company's inability to comply with Make-in-India rules may have a bearing on its role in Indian metro rail sector; firm also risks invocation of Rs 370 cr bank guarantee
The construction on this section was started in Feb 2016.
Union minister Piyush Goyal made the announcement
Japan International Cooperation Agency (JICA) has signed an agreement with the Government of India
The metro projects are located in Bengaluru, Mumbai and Kochi
As many as 28 people associated with the Metro Rail here have tested positive for coronavirus since the services resumed on September 7 after remaining suspended for over five months due to lockdown
According to the SWR, the construction of this Railway Station is near completion and is scheduled to be operationalised shortly
Bengaluru's Namma Metro on Monday resumed its service with Purple Line as part of Unlock 4. Trains will operate between 8 am to 11 am and 4