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Metro Projects

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 ...

Delhi metro services on Yellow Line to be affected from Nov 14-19
Updated On : 14 Nov 2024 | 9:41 PM IST

One Mumbai Metro, 3 ticket booking apps frustrate public: What's happening

On the Mumbai Metro, the Aqua line began operations for the public on Monday. However, the multiple ticketing systems for various corridors have left the public frustrated

One Mumbai Metro, 3 ticket booking apps frustrate public: What's happening
Updated On : 07 Oct 2024 | 9:46 AM IST

Mumbai's 1st underground Metro line to start from July 24, says BJP's Tawde

Mumbai's first underground Metro rail corridor, known as Metro Line 3, will start operating from July 24, Bharatiya Janata Party's general secretary Vinod Tawde said on Wednesday. He gave this information in a post on X. Mumbai Metro Line 3, also known as Mumbai Metro Aqua Line or Colaba-Bandra-SEEPZ Line, is a 33.5 km underground route that will connect south Mumbai to the city's western suburbs and is expected to reduce the burden on the suburban locals. "Mumbai's first underground metro (Aqua Line) is starting from July 24, which will give new impetus to the speed of the city," Tawde said in his post. Last month, Research Designs and Standards Organisation (RDSO) successfully completed the trials of rolling stock for the underground Mumbai Metro Line 3. In his post, Tawde also said that Prime Minister Narendra Modi had given a guarantee to make the life of Mumbaikars easier and this is going to be fulfilled through the Metro Line 3. Ashwini Bhide, managing director of the ...

Mumbai's 1st underground Metro line to start from July 24, says BJP's Tawde
Updated On : 17 Jul 2024 | 11:22 PM IST

Alstom begins production of latest generation trainsets for DMRC Phase IV

The production was commenced at a commemorative ceremony led by leaders from Delhi Metro Rail Corporation and Alstom India

Alstom begins production of latest generation trainsets for DMRC Phase IV
Updated On : 26 Feb 2024 | 9:00 AM IST

Odisha CM lays foundation stone of Rs 6,225 crore Bhubaneswar Metro project

Odisha Chief Minister Naveen Patnaik on Monday laid the foundation stone for the Rs 6,225 crore Bhubaneswar Metro Rail project. Before laying the foundation stone at Ratagada Lenka Sahi near Trisulia, Patnaik held a roadshow on the 26 km route of the proposed metro project. People stood on both sides of the road and different groups performed traditional folk dance and music to welcome the chief minister during the roadshow. "Apan Mane Khusi Ta (Are you happy)", Patnaik asked the people gathered on the occasion. "Today (Jan 1, 2024) will remain in the history of Odisha's development. As promised earlier, we are laying the foundation stone of the metro rail project", he said. Stating that this is the state government's single largest investment made in any infrastructure project in Odisha's history, Patnaik said that this is also the flagship project of Odisha under the 5T (transformational) initiative. Patnaik said the project will have 20 stations covering 26 km from Bhubaneswar

Odisha CM lays foundation stone of Rs 6,225 crore Bhubaneswar Metro project
Updated On : 01 Jan 2024 | 3:40 PM IST

State-owned NBCC bags Rs 89 cr order from DMRC to construct staff quarters

State-owned NBCC on Friday said it has bagged a contract worth Rs 89 crore from the Delhi Metro Rail Corporation Ltd (DMRC) to construct staff quarter residential building for the Bhubaneswar metro rail project. NBCC has been engaged for the construction of a staff quarter residential building by DMRC as Project Management Consultant (PMC), the company said in a statement. The total cost of the work is Rs 88.90 crore. Earlier this year, an MoU was signed between DMRC and NBCC to work together in the field of infrastructure development in India and abroad. NBCC (India) Ltd is a Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company has been listed with National Stock Exchange (NSE) and BSE since 2012. The company is mainly into PMC and real estate business.

State-owned NBCC bags Rs 89 cr order from DMRC to construct staff quarters
Updated On : 29 Dec 2023 | 7:20 PM IST

Kalpataru bags orders worth Rs 3,244 cr, forays into metro tunnel segment

Engineering and construction firm Kalpataru Projects International said the company along with overseas subsidiaries and joint ventures bagged new orders worth Rs 3,244 crore and also announced its foray into underground metro rail tunnelling segment. The company said it secured an order for design and construction of an underground metro rail project, marking its foray into electric mobility business with TBM (tunnel boring machine) tunnelling scope. According to a statement, Kalpataru Projects International Ltd (KPIL) along with its joint ventures (JVs) and overseas subsidiaries has secured new orders/notification of awards of Rs 3,244 crore. It has also got orders in the buildings & factories (B&F) business, including KPIL's largest ever design and building contract for a residential project in south India with a built-up area of approximately 13 million square feet from a reputed developer. Besides, the company got orders in the Transmission & Distribution (T&D) ...

Kalpataru bags orders worth Rs 3,244 cr, forays into metro tunnel segment
Updated On : 29 Dec 2023 | 4:59 PM IST

Titagarh Rail up 12%, hits record high on pact with ABB for metro projects

Titagarh Rail said the partnership, aligned with the Indian government's "Make in India" and "Atmanirbhar Bharat" (self-reliant India) initiatives, has already had an early success

Titagarh Rail up 12%, hits record high on pact with ABB for metro projects
Updated On : 21 Nov 2023 | 10:55 AM IST

ABB forms strategic partnership with Titagarh for metro projects in India

The partnership covers an agreement for Titagarh to purchase ABB propulsion systems, including traction converters, auxiliary converters, traction motors and TCMS software

ABB forms strategic partnership with Titagarh for metro projects in India
Updated On : 20 Nov 2023 | 5:38 PM IST

CM Patnaik approves Rs 5,929 cr DPR for Bhubaneswar metro rail project

It will be fully borne by the Govt of Odisha. It will be taken up as a 5T initiative of the state govt, CM said in a statement

CM Patnaik approves Rs 5,929 cr DPR for Bhubaneswar metro rail project
Updated On : 07 Oct 2023 | 11:49 PM IST

Govt approves Rs 5k-cr HUDA City Centre-Cyber City metro extension project

Stretch to solve connectivity woes between new and old Gurugram

Govt approves Rs 5k-cr HUDA City Centre-Cyber City metro extension project
Updated On : 07 Jun 2023 | 10:32 PM IST

Cabinet approves Rs 5,452 cr metro line from HUDA City Centre to Cyber City

The union cabinet has approved metro connectivity from HUDA City Centre to Cyber City, Gurugram with spur to Dwarka expressway

Cabinet approves Rs 5,452 cr metro line from HUDA City Centre to Cyber City
Updated On : 07 Jun 2023 | 5:04 PM IST

Bengaluru's Whitefield to see 8-10% growth in office rental: Report

Business hub that hosts famed companies will gain from metro connectivity, it says

Bengaluru's Whitefield to see 8-10% growth in office rental: Report
Updated On : 13 Apr 2023 | 7:04 PM IST

Union Budget 2023: Rs 19,518 crore allocated to metro projects across India

The government has allocated a total of Rs 19,518 crore to all metro projects across India in the Union Budget 2023-24, officials said on Wednesday. Finance Minister Nirmala Sitharaman in her speech in Lok Sabha said, "Our vision for the 'Amrit Kaal' includes technology-driven and knowledge-based economy with strong public finances, and a robust financial sector. To achieve this, Jan Bhagidari through Sabka Saath Sabka Prayas is essential". A senior official said the total budgetary outlay for year 2023-24 for all metro projects stands at Rs 19,518 crore. The allocation in 2022-23 was Rs 19,130 crore. However, the revised budget estimates for the same for 2022-23 was 15,628 crore, according to budget documents. In recent years, the Union Ministry of Finance has been allocating budget for all metro projects in India, instead of the Delhi Metro's alone, a senior official at the DMRC said. The outlay for this year includes equity investment of Rs 4,471 crore, subordinate debt of Rs 1

Union Budget 2023: Rs 19,518 crore allocated to metro projects across India
Updated On : 01 Feb 2023 | 7:57 PM IST

ADB approves $780 mn loan to expand Chennai's metro rail network

In 2021, ADB committed a record $4.6 billion in sovereign loans to India.

ADB approves $780 mn loan to expand Chennai's metro rail network
Updated On : 08 Dec 2022 | 5:10 PM IST

Reliance Infra moves SC against DMRC for payment of Rs 4,500 crore

Court issues notice to DMRC, seeks reply by Dec 12

Reliance Infra moves SC against DMRC for payment of Rs 4,500 crore
Updated On : 02 Dec 2022 | 8:40 PM IST

Boost for Navi Mumbai metro project with financial closure for line 1

The process of financial closure for line number 1 of the upcoming Navi Mumbai metro project has been completed with the signing of an agreement between CIDCO and ICICI Bank for the Rs 500 crore line of credit, a release said on Wednesday. Navi Mumbai Metro Line 1 project is a three-coach metro train. The 11.1-km Belapur to Pendhar stretch of the project comprises 11 stations. "City and Industrial Development Corporation (CIDCO) signed an agreement for the industrial line of credit for Rs 500 crore with the Industrial Credit and Investment Corporation of India (ICICI). With this, the financial closure process for the metro line no. 1 project has been completed," CIDCO said in a release. Speaking about the major milestone, CIDCO vice chairman and MD Sanjay Mukherjee said the works on line number 1 of the project will be expedited. "Due to the Rs. 500 crore line of credit facility from ICICI Bank, the works of Line no. 1 will be expedited and it will be possible to travel on this lin

Boost for Navi Mumbai metro project with financial closure for line 1
Updated On : 30 Nov 2022 | 9:15 PM IST

BEML's demerged non-core businesses entity's listing in one month

The BEML's demerged non-core businesses entity, BEM Land Assets Ltd, is expected to be listed in the next one month, a step toward divestment of the engineering major. The government seeks strategic divestment of 26 per cent post BEML demerger process of non-core assets. "Listing of demerged land company will be in a month's time. The valuation process is on. After listing, disinvestment process will be started," BEML chairman and managing director Amit Banerjee said. He was speaking on the sidelines of CII-organized Global Mining Summit 2022. He told PTI that the main assets of the demerged entity will be some total 550 acre of prime land in Bangalore and Mysore. The existing BEML shareholders have been given shares in the new demerged entity in a 1:1 ratio. State-owned BEML was focusing on defence and the metro railway business. Banerjee also mentioned that BEML, which currently has a 90 per cent localisation rate for defense trucks, in light of the government's outlook on mak

BEML's demerged non-core businesses entity's listing in one month
Updated On : 17 Nov 2022 | 12:12 AM IST

Centre to hold meeting on Nov 10 to discuss payment of dues to RInfra

In the last hearing on October 10, DMRC told the High Court that if Delhi Metro were to raise loans to pay the arbitration award to DAMEPL, it would fall into a 'debt trap'

Centre to hold meeting on Nov 10 to discuss payment of dues to RInfra
Updated On : 31 Oct 2022 | 11:45 PM IST

JICA to consider upcoming corridors of Delhi Metro's phase-4 expansion

Estimated to cost Rs 24,000 crore, the phase looks to connect several gaps in the city's transport infrastructure

JICA to consider upcoming corridors of Delhi Metro's phase-4 expansion
Updated On : 19 Oct 2022 | 12:32 AM IST