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Construction & Infrastructure News

Panel proposes 50% funding from centre for metro project

June 2013

Uttar Pradesh government-appointed panel has proposed to implement the Rs 1,800 crore metro rail project in Lucknow by securing 50 percent funding fr...

Uttar Pradesh, Delhi Metro Rail Corporation, DMRC, corridor, project, urban infrastructure, Lucknow, civic amenities, transport

DMRC board to consider two metro rail extension projects

June 2013

The proposed metro line extension projects in the national capital region (NCR) is likely to be considered for approval at a board meeting of the Del...

Delhi Metro Rail Corporation, DMRC, extension, project, rail, transport, connectivity, urban infrastructure

BMRCL to issue Rs 3 bn worth bonds

June 2013

In order to fund its first phase of the metro rail project, the Bangalore Metro Rail Corporation (BMRCL)plans to issue Rs 300 crore worth of secured ...

metro rail, project, Bangalore Metro Rail Corporation, BMRCL, bond, issue, investment, finance, loan, urban infrastructure, transport

Minister wants DMRC to focus on only Delhi projects

June 2013

Delhi Urban Development Minister Arvinder Singh said the DMRC must focus on its work in the national capital as it was meant for only intra-city tran...

Delhi Metro Rail Corporation, DMRC, urban infrastructure, transport, civic amenities

Punjab, Haryana govts support metro rail project

June 2013

The government of Punjab and Haryana gave wholehearted support to the proposed metro rail project connecting Chandigarh with the two states. This inf...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport

UT govt takes steps for Rs 109 bn metro rail project

June 2013

The UT administration of Chandigarh is taking steps to implement the 37.57-km metro rail corridor project covering Chandigarh, Panchkula and SAS Naga...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport

Authority to set up SPV for metro rail project

May 2013

In order to set up a 29.707 kilometre metro rail line between Noida and Greater Noida, the Noida and the Greater Noida authorities are in the process...

special purpose vehicle, SPV, Noida Metro Rail Corporation, NMRC, Noida, Greater Noida

Centre asks UT to set up SPV for metro rail project

May 2013

At a review meeting, the union government asked the union territory of Chandigarh to form a special purpose vehicle (SPV) on the lines of Delhi Metro...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport
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