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Noida Metro gets Centre’s nod

Noida Metro gets Centre’s nod

The Metro rail link between Noida and Greater Noida has got a green signal from the urban development ministry. In a board meeting held on Wednesday, the ministry approved Delhi Metro Rail Corporation's (DMRC)

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Authority to set up SPV for metro rail project

Authority to set up SPV for metro rail project

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 of forming a special purpose vehicle (SPV). The SPV, named Noida Metro Rail Corporation (NMRC), will see an investment of Rs 1,000 crore. It is learnt that the authorities would soon approach the registrar of companies, Uttar Pradesh, for clearance and the w

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18,500-cr boost to DMIC

18,500-cr boost to DMIC

The Union Cabinet has cle­ared the proposal for infusion of Rs 18,500 crore in the Delhi Mumbai Industrial Corridor Development Corporation (DMICDC). The 1,483-km project running through seven states will come up along the proposed Delhi-Mumbai dedicated rail freight corridor.

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Noida gets Rs 5K cr thrust

Noida gets Rs 5K cr thrust

Noida received a budgetary allocation of Rs 4,997.65 crore out of the Rs 17,000 crore allotted for the development of Noida, Greater Noida and Yamuna Expressway.

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