All set to stake claims to become world’s second largest rail network. Currently, there are 15 functioning metro rail systems in India with more than 800 km of operating metro lines. India is all set to add more than 1,000 km or metro rail connectivity by 2028, and thereby, stake claims to become the second...
Tag: Metro Rail System
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JICA to provide Rs 2,000-cr loan for Chennai Metro
Japan International Cooperation Agency (JICA) has extended an Official Development Assistance (ODA) loan of around Rs 2,000 crore for the fifth phase of the Chennai Metro Project. It also extended a loan of around Rs 1,300 crore for the second phase of Tamil Nadu Investment Promotion Programme.
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Vizag Metro derails
With Andhra Pradesh Chief Minister Chandrababu Naidu making it clear that his government´s immediate focus would be on the construction of Amaravati, including putting in place at the earliest a Metro rail system, the Vizag Metro Rail (VMR) project may remain in the backburner until then
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Mobility solutions
The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of India´s growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.