Delhi Metro | DMRC to add 101 trains in two new routes of phase-III project

New Delhi: In an attempt to tackle passenger rush, a major expansion is on the cards for Delhi Metro with plans to increase the number of trains from 227 at present to 328 by March 2018. The network will also expand from 218km to 348km, with its Phase 3 project almost finished now.Two upcoming corridors – Magenta Line (Janakpuri West to Botanical Garden) and Pink Line (Majlis Park to Shiv Vihar) – will be commissioned in parts by the Delhi Metro Rail Corporation (DMRC) from this October. The two lines will also be fully operational by March next year.
Not only will the number of trains jump by 45%, 690 new coaches will also be added to the current 1,468. Out of these, 504 will be used for the Magenta and Pink Lines, and the 6-coach trains will be converted into 8-coach ones to accommodate more people.
Since the Blue Line (Dwarka Sector 21 to Noida City Centre/Vaishali) is the network’s busiest, it will get the most number of trains, apart from having nine 8-coach trains added to the 56 current ones. The Yellow Line (Samaypur Badli to HUDA City Centre), which is the second busiest network, will get fourteen 8-coach trains added to the 38 current ones.
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The newly opened Violet Line (Kashmere Gate to Escorts Mujesar) along with the Pink and Magenta Lines will only have 6-coach trains as the footfall is comparatively less on these corridors. The Red Line (Dilshad Garden-Rithala) will get its 4-coach trains converted into 6-coach ones, and will have a total of 39 trains soon.More trains mean more manpower, which is why the DMRC will also add 3,000 more staffers to the current 9,000 ones. These will include customer care executives, train operators, and station controllers.

Mumbai Metro | MMRC begins work in Aarey colony without taking permissions

Mumbai: Alleging that the Mumbai Metro Rail Corporation (MMRC) has commenced work for construction of Metro car depot inside Aarey Colony starting Friday, environmentalists have written to the suburban collector alleging that MMRC has no permission to carry out work and the matter being sub judice in National Green Tribunal (NGT) there is a status quo order for Aarey Colony.However, the MMRC claimed that it is conducting activity in conformity with an appropriate legal framework
Biju Augustine, of the Aarey Conservation Group, said, “The MMRC is illegally commencing the work and we have brought it to the notice of the suburban collector and the Aarey police station that has asked MMRC to stop the work. How can the MMRC commence work if orders have been passed by the NGT to maintain status quo.
MMRC spokesperson, in a statement issued on Monday, said, “MMRC conducts its activities in conformity with an appropriate legal framework.
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The state government has handed over this land for car depot. Metro line 3 project is being implemented under the Metro Act.”Source: DNA

Vijaywada Metro | State Govt. decides to run light metro instead of proposed metro rail

Vijayawada: The state government has decided to replace the heavy metro with light metro which is also called, Light Rail Technology (LRT), or Light Rapid Transit, extend one of the corridors till Gannavaram airport and add one more corridor from Pandit Nehru Bus Station (PNBS) to Jakkampudi colony. With these latest decisions, Vijayawada metro rail will have three corridors of total 40kms.
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The decisions were taken based on the report submitted by a public transport expert, Edward Datson, belonging to Kreditanstalt fur Wiederaufbau (KfW), a German financial institution, on the feasibility of light metro for Vijayawada city. Datson studied the demography of Vijayawada city and its peripheral areas, among various other aspects, for 15days. He met the chief minister N Chandrababu Naidu on Wednesday and submitted his report. KfW had come forward to fund Vijayawada metro.With the new changes in the corridors the Amaravati Metro Rail Corporation (AMRC) will prepare new DPRs and later call tenders. Datson said that a similar metro is in operation in Gurugram in the National Capital Region (NCR) and the report that was submitted to Naidu on Wednesday also included the details of the interactions that he had with Gurgaon light metro operators.
“Based on Datson’s report and the report submitted by the state government’s high level committee that visited China and Malaysia last month to study alternative public transport systems, the chief minister has taken the crucial decision to establish light metro, which will reduce both the capital cost and the annual operational maintenance cost,” AMRC managing director N P Ramakrishna Reddy told Media.
Reddy further said that with the light metro the state government can save at least 25% on capital costs and 20% on annual maintenance costs against the heavy metro. Also, 50% less land has to be acquired for the light metro.
Source: TNN

Lucknow Metro | LMRC to conduct few test to get CMRS clearance

Lucknow: During the Commissioner Metro Rail Safety (CMRS) inspection of Lucknow Metro trains and its different systems on 27th, 28th, 31st July, 2017 and on 1st August, 2017, a number of tests and trials were done in the presence of CMRS and were demonstrated successfully.For sanction of the “Priority Corridor” at a maximum permissible speed of 80 km/hr, the CMRS has desired to witness few tests particularly the load deflection test on special spans for his inspection.Also, the signalling system for the Automatic Train Protection (ATP) has already been implemented by LMRC which marginally restricts the maximum achievable speed during train operation on account of safety against the maximum permissible speed of 80km/hr.The CMRS has further desired LMRC to arrange to demonstrate running of trains at the maximum permissible speed of 80km/hr for which the Automatic Train Protection (ATP) shall need to be bypassed for testing. LMRC is planning to demonstrate these tests to him in the coming days. This process is expected to take around ten days.Earlier, the Research Designs & Standards Organization (RDSO) had certified Lucknow Metro Trains for safe running up to 80 km/ph based on the successful completion of the Oscillation Trials. Based on the RDSO’s test, the Ministry of Railways, Government of India has already approved Lucknow Metro trains for safe running up to 80 km/hr.

Delhi Metro | DMRC crosses highest point at Dhaula Kuan

New Delhi: Days before full-fledged trials begin on the upcoming Pink Line, a Delhi Metro train crossed the highest point on the network — at Dhaula Kuan at 23.6 metres, the transporter said on Wednesday.
“The Metro train crossed Dhaula Kuan at a height of 23.6 metres (as high as a seven storey building) to reach South Campus from Mayapuri, covering a distance of 6.8 km. The full-fledged trials on this section will commence in a few days,” the Delhi Metro Rail Corporation (DMRC) said.
“During this journey, various functional aspects of the new rolling stock (trains) were tested prior to the beginning of signalling trials,” it added.The trial run between Shakurpur and Mayapuri had been going on for a month.The Pink Line (Majlis Park-Shiv Vihar) will cover a major part of the Ring Road with 10 interchange stations, including the Airport Express Line.“The construction of this section was a major engineering challenge since the viaduct had to pass above the airport line viaduct as well as flyovers at the Dhaula Kuan intersection,” the DMRC said.

Noida Metro | Greater Noida airport to have Metro link soon

New Delhi: The proposed airport at Greater Noida will have direct metro connectivity with the capital.
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The UP government has told the aviation ministry it will extend the current Greater Noida Metro line to the airport site at Jewar, said aviation secretary R N Choubey. “This was conveyed to us during a recent meeting with the UP government. The Metro line currently is cleared till Pari Chowk in Greater Noida and will be extended from there,” Choubey said.
 “The proposed link of about 23 km is from Pari Chowk to Yamuna Expressway Industrial Development Area’s (YEIDA) Sector 20. DMRC had prepared the alignment, station location and traffic study and had submitted to the UP government last year.”, said DMRC Spokesperson Anuj Dayal to Media.
The next stage will involve UP asking DMRC to prepare a detailed project report, work out cost of various options like under, over ground or at road level and then sanction the cost estimates. Elevated metro track costs about Rs 200 per km.
Source: TNN

Delhi Metro | DMRC to lease green line trains to beat rush

New Delhi: In a first, Delhi Metro Rail Corporation (DMRC) will be leasing trains to cater to the growing rush of passengers.
 Delhi Metro caters to 28 lakh passengers daily and the numbers are only growing.
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To meet the rush and run trains at increased frequency — particularly during peak hours — DMRC needs more trains. Till date, DMRC had only purchased trains — a time-consuming process that also needs substantial investment.
The corporation is now exploring the possibility of taking trains on lease instead of purchasing them and the Inderlok-Mundka (line 5) corridor will be the first section where the leased trains will be deployed. DMRC is looking for companies that are capable of supplying trains and, if this new plan works, it will take more trains on lease for its other corridors. The leasing firm will also have to maintain the trains. DMRC will pay rental charges (on per hour basis) depending on the trains’ availability.
At first DMRC will take on lease 150 coaches, which will be converted into 25 six-coach train sets. At present, DMRC has deployed 23 trains on this corridor, out of which one is a six-coach train and the rest are all four-coach trains. The present rolling stock on this corridor was procured from Bombardier and the firm that will provide trains on lease will have to follow the same specifications in the train as the existing ones.
“We are exploring this option and will further extend it to other corridors only if it proves to be financially viable,” said a DMRC spokesperson.
Source: TNN

Exclusive Interview with Smt. Sonal Goel, CEO Faridabad Smart City Ltd.

Apart from being the largest city and largest corporation in Haryana, Faridabad also contributes to the development of economy in the entire National Capital Region (NCR), says Sonal Goel, Commissioner, Faridabad Municipal Corporation and CEO, Faridabad Smart City Limited.What initiatives are being adopted by Faridabad Municipal Corporation for the Smart City project? Faridabad has been selected in the second round of the Smart Cities Mission. We have engaged a Project Management Consultant (PMC) through an international competitive bidding to design, develop and implement smart city projects. Based on the Area Based Development (ABD) and pan-city components, Faridabad was able to get into the Smart Cities’ list. The Union Ministry of Urban Development has sanctioned a total outlay of Rs 2,600 crore that includes Rs 2,100 crore for ABD and Rs 470 crore for pan- city development mission.“We carry door-todoor collection of garbage. Recently, the Government of Haryana has floated a tender to MoU for integrated Solid Waste Management System.”Under ABD, urbnaisation, redevelopment and rejuvenation have been the major focus areas whereas in the pan-city components, it is mainly IT-based solutions and Solid Waste Management.With the vision of transforming Faridabad to a cleaner and greener city by introducing smarter ways of living, Faridabad Smart City Limited (FSCL) has started several measures to implement the projects as identified in the Smart Cities challenge proposal.Here, I express my thanks for the support and guidance of our visionary leader and Hon’ble Chief Minister of Haryana Shri Manohar Lal Khattar. I also thank Union Ministry of Urban Development and State Government of Haryana for extending their support.So what is your next plan of action?Faridabad has initiated several measures to implement smart city proposal in a planned and phased- manner. A blueprint for implementation of various projects has been prepared. FSCL envisages investing Rs 648 crore by 2017-18 in almost 10 sub-programmes. Some of the major development projects that will be implemented include smart road, smart e-toilet, open air gym, rainwater harvesting, generating 15 KW power from solar energy, integrated command and control centre etc.We have also adopted some long term measures that include rejuvenation of Badkhal Lake and Lakefront Development, Barhai Talab etc.We have also planned several initiatives using IT solutions. At pan-city level, it is proposed to develop smart traffic and transit management system with an effective IT system, using latest technology such as SCADA system for leak management of water supply, automated online water quality monitoring system, provision of smart toilets and smart solid waste management, wi-fi, underground cabling, solar rooftops and LED street lighting etc.What distinguishes Faridabad from other cities across India?Faridabad is the largest city and largest corporation in Haryana. Known for its industry, it also contributes to the development of economy in the entire NCR region. If we talk about connectivity, construction of Badarpur flyover, and extension of Delhi Metro up to Ballavgar is significant. With this, a synergy has been evolved for industrial development. Metro connectivity from Mujasser to Central Secretariat has also given a facelift to the city. I believe, Faridabad is a potential city which was first selected as a Smart City by the Government of Haryana.Our proposals like creating a multi-model hub and linking different modes of transportation including railways, metro rail and highways will make Faridabad very different and special from other cities.How do you perceive Digital India and cashless economy?After the Government of India and Government of Haryana mandate, the Faridabad Municipal Corporation is also trying to implement many initiatives. We have started online payment of taxes, setting up of ward level offices. We have made available a toll-free number. There is an emphasis for a proper citizen grievance redressal system. We have already signed a Memorandum of Understanding with the National Institute of Urban Affairs for setting up innovation Hub for ‘Urban WASH’ solutions in Faridabad. We are also starting a mobile application that integrates all the city services, providing more availability to citizens.What initiatives have you undertaken for Swachch Bharat Mission?With the help of Janagrah (an NGO) we have created a Swachchta app. Being the largest city in Haryana, more than 700 metric of garbage is generated everyday in Faridabad. At present, the city is lacking an integrated solid waste management system, though we have a partly functional site at Bhandwari, where garbage of the city is being transported.We also carry door-to-door garbage collection. Recently, the Government of Haryana floated a tender to MoU for integrated Solid Waste Management system. In the recently held Swachchta Survekshan 2017, initiated by the Government of India, Faridabad has been selected as the fastest moving city at the national level in terms of ranking in the Swachchta survey. Through the guidance and support of our visionary chief minister, contributions made by citizens, political leaders of the city as well as the State government, we were able to achieve this.What challenges do you face while implementing Smart City projects?Faridabad has a major challenge to revive the Badkhal lake. In Faridabad, a city with more than 15 lakh population, we have a major issue of encroachment. The most significant challenge, I think, not only for Faridabad but for all cities across India, is of funding. Arranging Rs 1,600 crore for implementation of projects on PPP basis and land monetisation is a major challenge for us. Our Corporation is not a surplus organization. But of course we are trying to overcome these challenges.Source: ENN

Metro Rail News Magazine July 2017 Edition Published

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  • India’s smart cities will need smart public transport
  • Urban underground space solving the problem of today’s cities
  • Delhi Metro to run new generation UTO trains in Phase-III corridors
  • Need of Mass Rapid Transit System in Jammu & Kashmir State
  • Interview with Dr. Brijesh Dixit, MD, Maha Metro Rail Corporation
  • Interview with Yuoh Jit Shiong, Sr. Manager (Design), MRTC Malaysia
  • PM Modi dreams Bullet Train, but India need high speed upgrade
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Mumbai Metro | DN Nagar-Mandale Metro-2B corridor work hits a roadblock

Mumbai: Seven months after floating bids for construction of DN Nagar-Mandale Metro-2B corridor, the Mumbai Metropolitan Region Development Authority (MMRDA) has hit a roadblock with the corridor still lacking a crucial nod from the Airport Authority of India (AAI).The elevated Metro corridor will run parallel to funnel zone of the Juhu aerodrome. Due to this, the height of the elevated Metro-2B will have to alter as the Juhu aerodrome consists of an emergency runway. It is also one of the busiest heliports in the country.According to MMRDA officials, it is the AAI nod that will be crucial for commencing civil construction work on Metro-2B corridor. Funnel zone is an area where there are height restrictions and where construction of more than four storeys is not permitted. The restrictions are imposed due to two reasons. First, the area is in the funnel of the runway and periphery of the airport for takeoff and landing of aircraft. Second, to ensure that radar signals are not distributed.
“We are following up with the AAI and we expect to get a no-objection certificate (NOC) from them soon. The height of the elevated Metro will be less as compared to the height of Metro beams on the rest of the alignment,” UPS Madan, metropolitan commissioner, MMRDA told Media.
Apart from the AAI nod, the construction of the Metro-2B will also have a couple of railway passes and the same will be done by constructing a rail overbridge (ROB). MMRDA has also approached the Railway for getting several clearances in the same regards.
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The MMRDA anticipates to begin work on both these corridors by year end and commission both by 2021.Source: DNA

Light Metro | Bengaluru’s Light Rail Transit project scrapped 10 years after proposal

Bengaluru: A decade after it was first proposed, the state government has decided to scrap the Light Rail Transit (LRT) project.The proposed JP Nagar to Hebbal light rail corridor, a 31.3-km stretch on the outer ring road, could now become part of the Namma Metro Phase 3, which is currently on the drawing board.Chief Minister Siddaramaiah ordered shelving the LRT project during a recent review meeting of infrastructure projects, according to a senior official in the Chief Minister’s Office.
“There is little difference between Metro rail and light rail. Also, the LRT does not fit the scheme of things because we want to have a standardised Metro rail network along the outer ring road,” the official told to Media, requesting anonymity.
While shedding the decade-old baggage, Siddaramaiah also ordered the Bangalore Airport Rail Link Ltd (BARL) — a special purpose vehicle that designed the LRT project — to wind up.
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The LRT project has been handed over to the Bangalore Metro Rail Corporation, a BARL official said.The LRT figured in the 2007 Comprehensive Traffic and Transportation Plan for Bengaluru. The project was formalised in 2010, when it was estimated to cost Rs 5,600 crore. The latest estimate stands at Rs 10,875 crore.The JP Nagar-Hebbal light rail corridor was to pass through Bannerghatta Road, Kanakapura Road, Mysuru Road, eastern boundary of the Jnanabharathi campus, Dr Ambedkar Institute of Technology, Magadi Road, Peenya Industrial Area, BEL Circle and Lottegollahalli.The project got a fresh lease of life when the chief minister announced it in his 2016-17 budget. Subsequently, the Cabinet approved innovative fundraising for the project.Now, however, authorities say the LRT is out of place because Metro Phase 2A will connect Silk Board and KR Puram (with a possible extension till Hebbal) and Metro Phase 2B will connect Nagawara and the airport. “The LRT does not have the same gauge, signalling and locomotive as the Metro. Why should we have the LRT when we can connect Hebbal and JP Nagar on the outer ring road with a Metro? This is our thinking,” the official said.Mobility expert Pawan Mulukutla hailed the decision to scrap the LRT project. “We haven’t seen any successful implementation of the LRT anywhere in India. Even the Mumbai Monorail is facing issues. Buses and Metro are the best transport options for Bengaluru,” he said.Source: Deccan Herald

Real estate to gain up to Rs 90,000 crore from Metro rail projects: ICRA

New Delhi: The construction sector in the country is expected to witness a boost in its order book due to the strong traction seen in the Metro rail sector, according to rating agency ICRA.
The rating agency expects orders from the Metro rail sector to help boost the order book of the construction industry by Rs 75,000 to Rs 90,000 crore over the next three to five years. “The overall cost of expansion of operational and under-implementation Metro projects is over Rs 2.5 lakh crore. This would support the order books of construction contractors.Further, Metro Rail projects (MRP) worth another Rs 2 lakh crore are at various stages of approval and are likely to come up for bidding within the next five years,” ICRA said in its note.
 “Roads and urban infrastructure, including Metro Rails are two key segments that have witnessed robust order inflows for the construction companies. Further, with a sizeable pipeline of projects in these segments, the sector is expected to have sufficient order inflows and companies with a strong track record and a healthy balance sheet are expected to exhibit strong growth, going forward, “said K Ravichandran, Senior Vice-President and Group-Head, Corporate Ratings, ICRA.
Among the companies that are likely to benefit for the fresh flow of orders are ITD Cementation, L&T, Afcons, NCC, and IL&FS Group. All these firms have an exposure to the Metro rail sector.
According to the ratings agency, development of the Metro Rail is being planned in over 30 Indian cities. Currently, the Metro rail network is operational or partly operational in nine cities. Another five cities have under-implementation Metro projects. In addition to the extension of the MRN in these cities, a new Metro rail network is to be developed in another 15-20 cities.
ICRA also pointed out that private public partnerships (PPPs) in the Metro rail sector has been limited so far.
“The PPP participation in Metro rail projects has been limited so far. In order to encourage PPPs, adequate risk allocation would be required in the form of concession agreements, availability of the low-cost debt funding, and the presence of a robust dispute resolution mechanism,” said Shubham Jain, Vice-President and Sector-Head, Corporate Ratings, ICRA.

Metro rail networks are rapidly spreading across India

New Delhi: The metro rail network in the country is increasing with the mass rapid transit system emerging as one of the best solutions for urban transportation. Even as eight metro rail networks covering a length of 370 km are operational in the country, over two dozen more projects are lined up.Out of the two dozen projects, around 15 are lined up with the urban development ministry. The cities that have lined up their plans include Pune, Nagpur, Ahmedabad, Chennai, Vijayawada, Kozhikode, Indore, Bhopal, Patna, Guwahati, Kanpur and Varanasi.A senior urban ministry official, on the condition of anonymity, said, “Success of Delhi-NCR metro brought enthusiasm in the state governments and they want to replicate the same in the cities with population of over 1 million. We are getting a lot of proposals and many of the state governments are also looking at public-private partnership (PPP) since urban transportation is a state subject.” He added that Central assistance is given only to projects which are feasible.
In the last three years, from 2014-2017, the urban development ministry sanctioned Rs30,653.78 crore, out of which only Rs12,345.33 crore was released to various metro rail companies in the country. Similarly, in the current fiscal year, the ministry allocated around Rs17,960 crore for metro rail companies and till the first quarter ending June only Rs4,650 crore was spent. The figures are for Uttar Pradesh, Maharashtra, Gujarat, Rajasthan, Tamil Nadu, Kerala, Karnataka, Maharashtra and Delhi-NCR region.
However, officials from states like Punjab and Madhya Pradesh, which are yet to get approval for the first metro projects in their states, said that there has been a huge delay from the Centre for their projects. Some of these states are ready for the PPP route too.A senior Punjab government official, who didn’t want to be identified, said, “We have submitted two metro proposals for Amritsar and Ludhiana, both high-density areas where such a mass rapid transit system would be a success. However, none of them has been approved. We will see for some more time and are also open to PPP route for development of metro system.
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Metro rail projects are capital intensive and are generally undertaken through financial support of both the central and state governments in the form of equity and grants. The remaining funds are raised through multilateral agencies like Japan International Cooperation Agency (JICA) and European Investment Bank (EIB).
The urban development ministry official said, “States should learn to be open to use their own resources and reduce dependence on centre. In the recent months we have simplified provisions for state public sector undertakings to directly tap bilateral agencies for resources for infra development in their states.” He added that the new fund-raising route will allow for direct borrowing from official development assistance partners in countries like Japan, the US and Germany.
Interestingly, PPP for metro projects has been limited to five in India. Out of these five, one project (Mumbai Metro Phase 2) was terminated before it started, while another (Delhi Airport Line) was terminated after becoming operational. Currently, there are three operational PPP-based metro projects (one in Mumbai, and two in Gurugram) while one project is under implementation (Hyderabad Metro).
Shubham Jain, vice-president and sector head for corporate ratings agency ICRA, said, “The PPP participation in metro rail projects has been limited thus far, to encourage PPP would require adequate risk allocation in the concession agreements, availability of low cost debt funding, and the presence of a robust dispute resolution mechanism.”ICRA in its report has estimated that in the next five years, metro rail projects worth Rs2 trillion are likely to come up for bidding.Source: Live Mint

Rail firms eyes on business opportunities in Tier-II cities metro projects

New Delhi: As mass rapid transportation penetrates cities like Kochi, Jaipur and Lucknow, it throws open opportunities for companies like Alstom, Bombardier and Hyundai Rotem. Contracts for rolling stock, signalling and electric systems have helped these companies put up manufacturing units, too.Now, the blue print for metro services in two cities in Madhya Pradesh — Indore and Bhopal — is also ready. In all, the government has identified nearly 50 Tier-II cities and towns for modern metro systems, herein, lies the next big wave of business for the companies.The Indore metro project is expected to come up at a cost of Rs 7,522.63 crore, including financial cooperation from Asian Development Bank (ADB) and New Development Bank (NDB).
The expected expenditure in metro rail for India over the next three-five years is about Rs 2.3 lakh crore. Currently, 350 kilometres of route network is under operation. A critical mass has already been achieved and this is only expected to increase significantly in the coming years.
Rail coaches, rolling stock, signalling and other electrical components contribute close to 50-60 per cent of a metro project, hence, this offers a significant opportunity for the suppliers of these equipment, Jagannarayan Padmanabhan, practice leader and director, transport and logistics, CRISIL Infrastructure Advisory, said.One of the recently unveiled metro services is the Kochi Metro that was inaugurated by Prime Minister Narendra Modi in June. The estimated cost of the metro project is Rs 5,181.79 crore, the total length of the rail line is 25.612 km with 22 stations.Alstom is undertaking signalling, telecom and electrification solution for the Kochi Metro line. The company’s scope includes design, manufacture, supply, installation, testing and commissioning of Radio communication-based train control (CBTC) signalling solution and supply of onboard equipment for 25 trains. It would provide an integrated telecom solution comprising of radio, master clock, CCTV, passenger information display system, passenger announcement system and Giga bit network.In a recent report, Icra said that the metro rail sector has seen strong traction in the last couple of years and is expected to provide sizeable opportunities for construction companies over the next three to five years due to a strong pipeline of projects which are in the approval and planning stage.The Central government encourages cities with above 2 million in population to develop mass transit systems Bombardier is pursuing various metro projects such as Delhi Metro, Bengaluru Metro Phase II, Mumbai Metro Phase III, Vizag Metro and light rail for cities of Kerala.
“Roads and urban infrastructure, including metro rails are two key segments which have witnessed robust order inflows for the construction companies. Further, with a sizeable pipeline of projects in these segments, the construction sector is expected to have sufficient order inflows and companies with strong track record and healthy balance sheet are expected to exhibit strong growth going forward,” K Ravichandran, senior vice-president and group head, corporate ratings, ICRA, said in the report.
Canadian major Bombardier, for instance, has a supplier base and over 2,200 highly skilled employees in India. It operates a railway vehicle manufacturing site and bogie assembly hall at Savli near Vadodara, Gujarat. In addition, it has a propulsion system manufacturing facility at Maneja, near Vadodara.Currently, Alstom, which employs close to 3,000 people, is executing metro-railway projects in Chennai, Kochi and Lucknow. The rolling stock for these has been manufactured at Sri City.The company is also executing signalling and power supply systems for the 343-km section on the World Bank-funded Eastern Dedicated Freight Corridor.“We are already playing an important role in several upcoming urban rail projects. Starting from designing and manufacturing completely out of India, to establishing local supply chains, we are well positioned to provide an end-to-end full systems turnkey solution from India and to emerge as the preferred partner for our customer,” Bharat Salhotra, managing director Alstom Transport said.Cities like Kolkata, Chennai, Delhi, Bangalore, Gurgaon, Mumbai and Jaipur already have metro systems. But with nearly 50 cities and towns in line for modern metro systems, Tier-II cities are poised to witness the next big wave.Source: Business Standard