The long gestation period of the project coupled with price rises led to a bid to increase the Mumbai Metro fares. Legislative changes at that juncture brought into conflict the concessioning authority and the Central Government on this issue.
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
State goes to PMO on price of port land for Navi Mumbai link
The state government has knocked the doors of the Prime Minister´s Office to find a solution to the charges levied by Mumbai Port Trust (MbPT) and Jawaharlal Nehru Port Trust (JNPT) for the Mumbai Trans Harbour Link.
Revised DPR for Mumbai Metro corridors
Chief Minister Devendra Fadnavis has asked Delhi Metro Rail Corporation (DMRC) officials to revise the detailed project report (DPR)
Chinese firm to partner with Mah
Chief Minister Devendra Fadnavis recently said Shandong Hi-Speed Group company had agreed to enter a partnership with MSRDC and MMRDA
Metro Pricing | Un-fare deals
Thousands of home buyers on the Noida-Greater Noida stretch heaved a sigh of relief early this year when the 20.6-km Metro rail project between Greater Noida and Yamuna Expressway was cleared by the Ministry of Urban Development.
Delta Displays | Delta ties up with MMOPL for world-class Mumbai Metro
Delta, a leading provider of video wall solutions, has provided a high-end video wall solution to the Operations Control Centre (OCC) of Mumbai Metro One Pvt. Ltd. Mumbai Metro One Pvt. Ltd (MMOPL) is a joint venture company owned by Reliance Infrastructure, Veolia Transport
Metro Rail: Glamour meets utility
A round 2.5 million passengers use the Delhi Metro everyday that has an operational distance of 190 km with an aim to touch 400 km by 2021. "Despite the metro expanding across cities, the pace of metro expansion is inadequate
We have offered the best package for PAPs
The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)
New avenues of transport
Urban infrastructure development in India has taken a faster pace in the recent past with a slew of projects getting operational while some are under implementation.
A master of public projects
In his career spanning over 33 years, Suresh M Ramchandani, currently the Joint MD, Maharashtra State Road Development Corporation, has been associated with various organisations working on the infrastructure development with a pride of direct association with public projects. These include PWD, MMRDA, MSRDC, Uttrakhand State Infrastructure Development Corporation Dehradun etc.