Gurgaon Metro

Delhi metro services on Yellow Line to be affected from Nov 14-19

Metro services on the Yellow Line will be temporarily regulated from the night of November 14 to November 19 due to civil work on a 490-metre section of the Janakpuri West to R K Ashram. According to the Delhi Metro Rail Corporation (DMRC), the disruption is due to planned construction work on a 490-metre section between Janakpuri West and R K Ashram where the alignment crosses over Haiderpur Badli Mor. Train services on this stretch will be briefly affected from the night of November 14-15 to the night of November 19-20, it said. As a result, there will be no train service between Samaypur Badli and Jahangirpuri after 10.45 pm until the start of revenue services at 7.02 am. Three stations Samaypur Badli, Rohini Sector 18-19 and Haiderpur Badli Mor will remain closed until service resumes upto 7.02 am, it stated. However, trains will continue to operate on the remaining sections of the Yellow Line from Jahangirpuri to Millennium City Centre in Gurugram during this period, the ...

Explained: New metro line connecting old and new Gurgaon

Will Gurugram finally receive a new metro line after 10 years? Details here

Despite proposals for more metro connections, it has taken nearly 10 years for new metro lines to be approved and development to begin

IL&FS group receives Rs 1,925 cr from Haryana govt for Gurgaon metro

Supreme Court had on March 26 directed the state's urban local authority to deposit 80% of the total debt of Rs 2,407 cr within three months into the escrow accounts of two IL&FS firms

Gurgaon Metro Project case: IL&FS gets Rs 1,925 cr from Haryana govt

The payment, duly received in escrow accounts, comes in compliance of the Supreme Court order of March 26, 2021 that ruled in favour of IL&FS in the Gurgaon Metro Project

Gurgaon Metro on the wrong track! Poor location making it unviable

The Rapid Metro was constructed by IL&FS Infrastructure in two phases. Low ridership, high cost and poor location is believed to be responsible for the demise of the metro operation

IL&FS arm's Gurgaon metro contract stands terminated from 9 September

Rapid MetroRail Gurgaon Limited and Rapid MetroRail Gurgaon South Limited are the two SPVs running the Gurgaon Metro Rail Project since 2013 and 2017, respectively

IL&FS to operate Gurgaon Metro till Sep 17, HUDA to bear cost: HC

The Gurgaon Metro will be operated and maintained by IL&FS till September 17 midnight as a licensee while its operational cost will be borne by the Haryana Urban Development Authority, the Punjab and Haryana High Court ruled on Monday. The court also set September 17 as the next date of hearing of petition by HUDA seeking termination of service contract between it and the Rapid Metro Rail Gurgaon Limited (RMGL) and Rapid Metro Rail Gurgaon South Limited (RMGSL), the two special purpose vehicles (SPVs) floated by IL&FS. The Gurgaon Metro is the country's first privately-developed project which was built by the Infrastructure Leasing & Financial Services (IL&FS). IL&FS is now facing bankruptcy proceedings in the NCLAT, putting the rail service at risk of closure. Till the next date of hearing September 17, the respondent (RMGL) shall operate and manage the Rapid Metro Rail at Gurgaon on both the lines but subject to reimbursement of the insurance and operation and ...

Will Gurgaon Rapid Metro shut down? Punjab & Haryana HC to decide today

The Punjab and Haryana High Court will on Monday make a decision on the operational continuity of the Gurgaon Metro, the country's first fully privately built rapid rail system here. This follows the expiry of 90 day termination notice served by Rapid Metro Rail Gurgaon Limited (RMGL) and Rapid Metro Rail Gurgaon South Limited (RMGSL), the two special purpose vehicles (SPVs) floated by IL&FS for the rail project,to Haryana Urban Development Authority (HUDA) on June 7. HUDA had gone to HC on Friday challenging the validity of termination notice and sought courts directions on continuity of public utility by these two SPVs operating the metro link. The HC had deferred the hearing for Monday and ordered service be continued till Monday midnight. Gurgaon Metro is an important public utility carrying nearly 60,000 passengers every day and forms part of the 'Millennium City's daily commute lifeline. While some sources opine that the two IL&FS SPVs decided to terminate operations for

Icra cuts Gurgaon Metro rail's rating for not making debt payment on time

The company's inability to generate sufficient revenue due to continued weak ridership

ITNL runs into trouble, plans to terminate contracts for Gurgaon Metro

Icra has assigned a default rating to the Rs 7.61-billion debt for Rapid Metro Rail Gurgaon, a subsidiary of ITNL