metro corridor
The union cabinet has cleared ₹1,957.05 crore for the Kochi Metro Phase II corridor starting from JLN Stadium to Infopark via Kakkanad. The preparatory works, including road widening of Seaport-Airport Road, for phase II are currently in full swing. The Centre and state governments will pitch in ₹274.90 crore as equity in the project. They will each have a 16.23% contribution through this fund infusion. Similarly, the Union government and the state will provide ₹63.85 crore each (3.77%) as subordinate debt for 50% of central taxes to this part of the project. The loan from bilateral/multilateral agencies forms ₹1,016.24 crore (60%) and the total cost excluding land, resettlement & rehabilitation, etc. will come to ₹1,693.74 crore.
GA Infra wins contract for India's first National Metro Rail Knowledge Centre
GA Infra has been awarded the contract for the construction of the country's first National Metro Rail Knowledge Centre. The centre will be located at the Vishwavidyalaya Metro Station in Delhi and will be built through a Public-Private Partnership

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UP’s CM launches tunnel construction work at Ramlila Maidan in Agra
Uttar Pradesh CM, Yogi Adityanath, has launched the tunnel boring machine (TBM) "Yamuna" at the Ramlila Maidan in Agra, for the construction work of the Agra Metro Rail Project. The CM highlighted the significance of Agra as a historical city and

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RIL launches India's first Hydrogen Internal Combustion Engine for heavy-duty trucks
Reliance Industries Limited (RIL) has launched India's first Hydrogen Internal Combustion Engine (H2ICE) technology solution for heavy-duty trucks. The launch was conducted by Prime Minister Narendra Modi at the India Energy Week in Bangalore. The

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Kerala plans 6.8-km long tunnel road project
The Kerala government has approved the construction of the Wayanad Tunnel Road project connecting Anakampoyil in Kozhikode to Meppadi in Wayanad. The project involves the construction of twin tunnels with a four-lane approach

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Railway approves Pune-Nashik high-speed rail project
The Indian Railways has granted in-principle approval for the Pune-Nashik high-speed rail project, according to Deputy CM Devendra Fadnavis. Following a meeting with the Railway Minister, officials from Maharashtra and the Railways will jointly assess

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India starts road construction at tri-junction in NE
India has initiated the construction of a 78-kilometer strategic road in Arunachal Pradesh, near the crucial tri-junction of India, China, and Myanmar. The project, estimated to cost Rs 200 crore, will connect Dong village to Jachep camp and is expected

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Odisha CM inaugurates ₹1,600-cr development projects in Koraput
Chief Minister Naveen Patnaik attended the 75th anniversary of Vikram Deb Autonomous College in Jeypore and announced development projects worth ₹1,600 crore for the district. The CM declared the construction of a modern auditorium with a seating

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Decks cleared for ₹2,635.89-cr Bridge over Ganga in Patna
The construction of the seventh bridge over the Ganga River in Patna, Bihar has been given the green light by the Ministry of Road Transport and Highways. A tender has been issued for the project, with an estimated cost of ₹2,635.89 crore, to

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MTPs in Mumbai get ₹1,121.21-cr budget booster
The Mumbai Urban Transport Project (MUTP) has received a significant 91% increase in funding with ₹1,100 crore allocated for the project in the Union Budget 2023-24. Out of the total ₹1,121.21 crore allocated for various Metropolitan Transport Projects

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J&K govt plans cargo terminals along Baramulla-Banihal rail line
The Jammu and Kashmir government has decided to construct cargo terminals along the Baramulla-Banihal rail line. The terminals will be located at five stations including Srinagar, Baramulla, Sopore, Awantipora, Pampore, and Budgam. The aim of this move

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Budget infuses ₹10,988.80-cr in NFR Railway
The Union Railway Minister, Ashwini Vaishnaw, announced that the Gross Budget Allocation for the Northeast Frontier Railway for 2023-24 is ₹10,988.80 crores. This marks a 13.75% increase from the previous year's allotment of ₹9,660.14 crores and will be

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MMRC to build Rs 8,739-cr Wadala- CSMT metro line 11
The Mumbai Metro Rail Corporation (MMRC) has been tasked with the construction of Metro Line 11 between Wadala and Chhatrapati Shivaji Maharaj Terminus (CSMT) at an investment of Rs 8,739 crore. An order to this effect has been issued by the Urban Development

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NHAI expedites Rs 32,000-cr Gorakhpur-Siliguri e-way project
National Highways Authority of India has fast tracked the 520 km long four-lane Gorakhpur-Siliguri Expressway. Starting from UP, the expressway will go to West Bengal after crisscrossing nine districts of Bihar. It will pass through three districts of

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MMRDA starts work on Rs 8,416-cr Bridge on Kasheli Creek
MMRDA has started construction work on the final segment of the bridge on the Kasheli Creek, which is a part of the Thane-Bhiwandi-Kalyan line, at an investment of Rs 8,416 crore. The height of the bridge is 15 metres above water levels and comprises

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Govt prioritizes 18 road projects under Gati Shakti
In the fiscal year 2023-24, the government in line with Prime Minister Gati Shakti-National Master Plan, has prioritized and fast-tracked as many as 18 critical road infrastructure projects to be completed in the next two years. The Centre is eyeing 67 critical

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HAML finalizes alignment for Rs 6,250-cr metro airport line
In order to start construction work on the airport metro line, Managing Director, HAML, N.V.S. Reddy, has finalized alignment by inspecting the entire 10 km stretch for the airport metro line involving an investment of Rs 6,250 crore. He also examined options

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CMRL fast tracks Rs 61,843-cr Phase-II metro corridor
Chennai Metro Rail has fast tracked the ground work to start construction of the Phase 2 part of the project with the local agencies acquiring 82% of the required land for the mega metro project worth Rs 61,843 crore. CMRL is keen to commission the Poonamallee

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Raheja Group in JV to build 3-acre project in Mumbai
Real estate builder K Raheja’s development arm K Raheja Corp Homes has entered into an agreement to develop a 1-million-sq-ft luxury housing project over an area of over 3- acre prime land parcel at Mahalaxmi locality in South Mumbai. The project will be

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BMRCL to extend Green Line Metro to BIEC
Mass transport connectivity on Nelamangala and Mysuru roads is set to get a big boost with the BMRCL's decision to extend the stretch between Manjunath Nagar to Madavara (BIEC). Once work on this line is completed, the green line metro network will be expanded

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Plans afoot to build new Mumbai-Goa Expressway
The road connectivity between Mumbai and Goa is likely to get a further boost as an 'express' upgrade with the state government in Maharashtra announcing a new access-controlled high-speed expressway between Mumbai and Goa, similar to the Mumbai-Pune expressway

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