ADB
Asian Development Bank (ADB) has agreed to finance the Patna Metro Rail Project involving an ₹13,365.77 crore investment. The bank will also help in the future expansion of metro corridors and alignments. The state government has already signed the memorandum of understanding with JICA and expects to start getting funds shortly. Now the ADB is also ready to extend support for the further expansion in metro lines, stations and alignments and allied works. According to sources at the urban development and housing department (UDHD), ADB is already working with the state government on different urban development projects as about 80% of the land required for the project has been acquired as most land belonged to the state government while a large chunk land for construction of ISBT Patna Metro Rail Depot will be acquired soon. The state government has already sanctioned ₹1,000 for land acquisition and Patna Municipal Corporation has also transferred the land at Mithapur, near Sachivalaya and Akashvani at Fraser Road and Patna Junction while another piece of land near Patna Science College will also be given soon.
Bangalore Metro Rail Corporation is all set to start work on a DPR for the 105-km long Phase 3 metro corridor, for which it has identified three

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The Gujarat Metro Rail Corporation has fast-tracked the Phase-I of the Surat Metro Rail Project comprising an underground 6.5km stretch from Kapodrato

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Tamil Nadu Government has announced that a detailed project report for extending the metro line from the airport to Kilambakkam is underway

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Multilateral funding agency Japan International Cooperation Agency (JICA) has informally agreed to finance ₹33,000 crore in the Silver Line project of the

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The western wing of the Indian Railway has initiated the process for land acquisition for the proposed Pune-Nashik semi high-speed railway line as the

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The construction arm of Larsen & Toubro has secured an order from the National High Speed Rail Corporation (NHSRCL) to design and

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The Ministry of Railways has approved the Bargarh Road-Nuapada Road new rail line for starting pre-investment activities. Survey for a new line

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Maharashtra Metro Rail Corporation (Maha Metro) is preparing a detailed project report (DPR) under Phase-II for the extension of the 33.1km stretch of Pune metro. The Phase I of the metro line is nearing completion

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Chennai Metro Rail Limited (CMRL) has invited bids for the construction of one of the toughest underground stretches on phase-2 from Kolathur to Nathamuni covering 5.8km. The 118.9km phase-2 is expected to be ready by

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Delhi Metro Rail Corporation has awarded a contract to Larsen and Toubro for design and construction of the underground metro project Phase-1 of the

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MahaMetro has fast-tracked Metro Line-7 from Andheri (E) to Dahisar (E) stretch, which is a 16.475 km long elevated corridor with 13 stations

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The final contract to prepare a detailed project report (DPR) for the 435-km long Chennai-Bengaluru-Mysuru high-speed rail line has been fast-tracked

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The state CM has laid the foundation stone for Indore Metro works, including the construction of 16 stations and 11-km viaduct involving investment

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Bihar Housing Development Authority has cleared ₹500 crore funds for the First Phase of Patna Metro Rail Project. The sanctioned amount will

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The Haryana government has approves 32.14 km long route of the metro line connecting Gurugram to Faridabad with 12 stations. The preparation of DPR report is currently under process and once completed the same would be

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The Union government and European Investment Bank (EIB) have signed a Finance Contract for the first tranche loan of Euro 250 million for the Agra Metro Rail Project. Additional Secretary, Department of Economic Affairs

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Afcons Infrastructure emerged as the lowest bidder in the DMRC’s financial bidding to construct a 6.51 km section of 23.622km long silver line of Delhi Metro Phase-4 entailing an investment of ₹2029 crore. The silver line runs

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The Union government and the Germany Development Bank KfW (Kreditanstalt für Wiederaufbau) recently signed a 442.26 million euros loan pact for the Surat Metro Rail project. The total cost of the project is 1.5 billion euros, of which

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Indian Railways is contemplating to launch two more bullet train projects including New Delhi-Varanasi high-speed rail corridor and Mumbai-Nagpur corridor, and is currently awaiting clarity on funding for the new corridors, said official

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URC Construction has emerged as the lowest bidder for building Chennai Metro Rail’s (CMRL) largest depot at Madhavaram which will house a majority of the trains that will run under the Phase II project, said official sources

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