The Kochi Metro Rail Limited (KMRL) and German development bank KfW have inked an agreement on the disbursement procedure and schedule for the -Ç85 million loan (approximately Rs.597 crore) that the bank will provide for the Rs.747-crore integrated water transport project in Greater Kochi area.
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Solar panels atop Metro stations
The Kochi Metro Rail Limited (KMRL) has signed a power purchase agreement with Hero Solar Energy (P) Ltd for 4 MW of solar power for the Metro service which is scheduled for commissioning in the first half of next year.
Kochi Metro Rail signs MoU with NPC
Kochi Metro Rail Limited and National Payment Corporation of India have signed an MoU to be associated with the roll-out of a common mobility card for greater Kochi area through the use of NPCI´s RuPay specifications for cards and payment terminals and other payment modes.