Kochi Metro Rail gets Rs. 356-cr expansion

Metro Projects
The state cabinet has granted administrative sanction to extend Kochi Metro up to Tripunithura whereby the Phase 1 B will be extended from Ernakulam S.N. Junction to Tripunithura Railway Station / Bus depot at an investment of Rs 356 crore. The stretch is expected to be completed in two years. KMRL has promised to commission 1.5-km long Pettah-SN Junction section by 2021 and the stage is also set for execution of the Rs.290-crore Tripuni-thura Mini hub project, an integrated transit terminal acting as a converging point of the Kochi Metro, the railways and the transport buses. The Urban affairs department had earlier given the nod for acquiring 12.90 acres of land for setting up a modern bus terminal near Tripunithura railway station and the proposed Kochi Metro rail station also falls in the area. The agency is constructing a 21-metre wide road connecting S.N. Junction (Seemas auditorium along Refinery Road)

to the railway over bridge along the Hill Palace Road. An MoU has been signed for construction of 27 road-over- bridges: the cabinet granted sanction to Kerala Rail Development Corporation to sign MoU with Central government and railways for construction of over bridges. Cabinet gave sanction for Cherpulassery Bypass construction and town development project which will be implemented by Road Fund Board at a cost of Rs.15.86 crore.

Surat Metro sets to float tender for ₹12,020-cr project

In a recent development, the Surat Rail Corporation (SMRC) under the stewardship of its new managing director M Thennarasan has decided to float tenders for the ₹12,020 crore mega metro projects. Laying of the first 10 km of rail Read More ...

Cabinet clears ₹1,600-cr for Debang hydro project

The Cabinet Committee on Economic Affairs (CCEA) cleared ₹1,600 crore for pre-investment activities for the Dibang Multipurpose Project in Arunachal Pradesh involving an investment worth ₹28,080.35 crore. The 2,880 mw hydropower Read More ...

MMRDA hastens ₹10,986-cr Metro 2B corridor

The Mumbai Metropolitan Region Development Authority (MMRDA) has finalized designs for the upcoming ₹10,986 crore Metro-2B (DN Nagar to Mandale) corridor, said RA Rajeev, metropolitan commissioner, MMRDA. On the upcoming route Read More ...

DMRC launches Phase-IV of the metro project

The Delhi Metro Rail Corporation has started carrying out preliminary work on the Phase-IV of the metro project with the Delhi government granting its approval to the six proposed corridors of the mega metro venture. The project was Read More ...

ECR secures ₹4,560-cr for building new rail projects

The East Central Railway has received ₹4,560.12 crore from the Centre as part of the budgetary allocations for construction of new rail lines, said chief public relations officer (CPRO) Rajesh Kumar. The amount is almost 13.5% higher Read More ...

Phase-II of Dwarka e-way project gets go ahead

The much-delayed package two of the Dwarka Expressway has received the Delhi government's approval to start construction. The permission for transplanting and felling trees on this stretch was granted recently by the Forest Read More ...

BMRCL plans underground ring metro project

Bangalore Metro Rail Corporation Limited (BMRCL) is set to start preliminary work on an inner ring metro to resolve congestion in core areas of the city. The planned 35 km underground metro line connects Sandal Soap Factory Read More ...

Proposals for ₹10,000-cr EV charging infra projects invited

The government has invited proposals for the development of electric vehicle charging infrastructure in big and smart cities involving an investment of ₹10,000 crore. It also invited proposals from satellite towns connected to seven Read More ...

Decks cleared for NH, tunnel project in Kerala

The work on expansion of the Mannuthy-Wadakkanchery National Highway and Kuthiran tunnel in Kerala's Thrissur district is likely to start soon as the central government has agreed to clear bottlenecks stalling the projects. Union Read More ...

South Centre Railways gets ₹5,152-cr new line

Adding to the existing rail network in the south central railway region, the railway ministry has cleared ₹5,152 crore for construction of the Bidar-Nanded new railway line, said an official spokesperson. This is the major highlight Read More ...

Emami Realty offers assured rental scheme

In a first of its kind scheme, Emami Realty has come up with a an assured rental scheme in its Emami City project located on Jessore Road in Kolkata. By paying the total sale value, buyer of an apartment in Emami City gets current Read More ...

India-Afghanistan inks MoUs for infrastructure projects

India and Afghanistan recently inked 10 MoUs for the construction of roads, buildings, schools, administrative offices, laying of roads and water supply networks, and markets across 10 Afghan provinces, namely Daikundi, Panjshir Read More ...

Jindal Stainless launches a nationwide co-branding initiative with P&T

In a drive to curb the counterfeit products of Jindal Stainless in the market, the company is launching a nationwide co-branding initiative with Pipes and Tubes (P&T) manufacturers. With a current market share of 44% and annual Read More ...

Bosch sets up Euro 31-mn plant in Bidadi

Global supplier of technology and services, Bosch, recently inaugurated its new plant in Bidadi (Phase II), located 35 km from the outskirts of Bengaluru. The Euro 31 million plant will act as a local hub for development of Bosch’s Read More ...

RINL targets 11.3 mt steel production capacity in current fiscal

Rashtriya Ispat Nigam has set a target to raise steel production capacity to 11.3 metric tons and a sales turnover of ₹25,000 crore for the current fiscal, as against ₹20,000 crore achieved last year. CMD, PK Rath, revealed in a Read More ...

BP-Reliance earmarks ₹35,000-cr investment in KG Block

British energy generating giant BP plc, together with local partner Reliance Industries, will invest ₹35,000 crore to bring to production three natural gas fields in the Krishna Godavari basin block in the Bay of Bengal by 2022 Read More ...
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