Chronicle Development Updates On Metro Rail Projects : Metro Rail News

MEGA Metro | JICA extends ₹4,870-cr loan for Ahmedabad Metro Rail project

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06/03/2016

MEGA Metro | JICA extends ₹4,870-cr loan for Ahmedabad Metro Rail project

New Delhi: Japan International Cooperation Agency (JICA) today inked a pact with the Centre to provide 82.434 billion yen (about ₹4,870 crore) assistance for Ahmedabad Metro Rail Project.

With this pact, the cumulative loan amount provided by JICA for metro projects in India (including Delhi, Chennai, Bengaluru, Kolkata and Mumbai Metro’s) has exceeded 1 trillion yen (approximately ₹59,071 crore).

“JICA today signed an agreement with the Government of India to provide 82.434 billion Japanese Yen Official Development Assistance (ODA) loan for the development of the metro rail system in Ahmedabad, Gujarat,” a JICA statement said.

It said the ODA loan’s conditions are very concessional, 1.4 per cent of interest rate and 30 years of repayment period (including 10 years grace period).

The assistance from JICA will facilitate construction of underground and elevated rail tracks, electrical, telecom and signalling systems and procurement of the trains, it said.

India is JICA’s largest partner in the world.

The latest agreement was signed between Takema Sakamoto, Chief Representative, JICA India Office and S Selvakumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance.

“The project will provide the 1st Metro Rail System network of approx 38 km in Ahmedabad from Motera Stadium to APMC (North-South Corridor) and Thaltej to Vastral Gaam (East-West Corridor),” the statement said.

It will cover the central business district area, academic area, residential area and institutional complex area of Ahmedabad Metropolitan Area. Development of metro in Ahmedabad will be a typical example of high quality infrastructure, it added.

The Executing agency for the project is Metro Link Express for Gandhinagar and Ahmedabad Company Ltd (MEGA). The complete commercial operation is expected to start from 2020.

JICA India Chief representative Sakamoto said: “Ahmedabad is the fifth most populated city in India.
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This loan will help develop mass rapid transit system in the Ahmedabad metropolitan area.

“This project will meet the growing traffic demands, leading to modal shift from road traffic to public transportation system and will eventually lead to balanced regional development and improvement of environmental conditions,” he said.

The technology being implemented for metro will include the advanced singling system, Communication Based Train Control (CBTC), in order to achieve high level of safety enforcement and reliability of the Project.

Noida Metro | NMRC Board of Directors meet on March 10, 2016

Narendra Shah

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06/03/2016

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Noida Metro | NMRC Board of Directors meet on March 10, 2016

Noida: The Noida Metro Rail Corporation (NMRC) will hold its sixth board meeting in Lucknow on Thursday, March 10. Formed on the lines of Delhi Metro Rail Corporation (DMRC), the company’s chairperson Alok Ranjan, who is chief secretary of UP, will convene the meeting.According to officials, the board will address and finalise the organisational structure of the company.User agreement will be ratified while auditor reports will be seen. The progress report of the financial and fiscal year will also be discussed during the meeting.The main agenda of the board will include finalising the strategy for the operations and maintenance (O&M) for the 29 km Noida-Greater Noida Metro track, which is under construction. According to officials, as civil work is going on at a very fast pace on the Metro corridor and once complete trials will start on the track, there is a need to finalise the O&M, which includes recruitment of staff at all levels including director operations, director systems and director signals.A progress report of the track and the City Bus service to be launched in May this year between Noida and Greater Noida will also be presented to the Chief Secretary.

Registered under the Companies Act, NMRC is wholly owned and funded by Noida and Greater Noida. Till now, both Noida and Greater Noida had enjoyed a 50:50 shareholding in the company. In October last year, Yamuna Expressway Industrial Development Authority (YEIDA) was granted 5% stake in NMRC.

After Delhi and Gurgaon in the National Capital Region, Noida is the third city to boast its own metro rail company. The NMRC is involved in the planning and implementation of metro rail, monorail, high-speed rail projects in UP and other Indian cities besides other modes of transportation to provide last mile connectivity.

The first project to be undertaken by NMRC is the 29-km-long metro link project between Noida and Greater Noida, which is to cost Rs 5,526 crore. Presently, the construction work on the corridor is running three months ahead of schedule. Another important project being worked on by NMRC is the Rs 100 crore city bus service with a 100-bus fleet between the twin cities, which is likely to launch in May this year.

Delhi Metro | Now top-up your DMRC Smart Card with PayTM e-Wallet App

Narendra Shah

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04/03/2016

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Delhi Metro | Now top-up your DMRC Smart Card with PayTM e-Wallet App

New Delhi: The top up (recharge) facility of Delhi Metro’s smart cards will now be possible through the popular mobile based e-wallet application, Paytm.As per this new arrangement, Delhi Metro’s commuters will be able to top up their smart cards through the Paytm e-wallet. For recharging the cards, they would simply have to log into their Paytm e-wallets and an option for the top up of the Delhi Metro smart cards will appear on the mobile screens.The facility was inaugurated today by DMRC’s Managing Director, Dr. Mangu Singh in the presence of Paytm’s CEO, Sh. Vijay Shekhar Sharma and other senior officials from DMRC and Paytm.
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This new facility will be of great convenience to the commuters since; this will allow them to recharge their smart cards through their mobile phones. The transactions will be completely safe and the card or net banking details will be saved only once by the App. Recharge through this facility will be fast and convenient.In addition, commuters will also have the option of getting their cards recharged through Paytm by visiting www.dmrcsmartcard.com. They can simply visit the website and an option for recharge through Paytm will appear on the screen. However, after recharge through Paytm, commuters will have to validate the recharge by tapping their cards at the Automatic Vending Machines (AVMs), which are available now at all the Metro stations of the Delhi Metro network.Top up of the Delhi Metro smart cards through credit cards/ debit cards and net banking is already available for the commuters. Last year, DMRC also launched the top up facility of smart cards through ICICI Bank’s Business Correspondent Networks (Outlets) located across Delhi-NCR.There are 1.6 crore smart cards in circulation and about ten thousand new smart cards are sold everyday across the Delhi Metro network. Minimum top up of ₹ 100 will be available and recharge up to ₹ 1000 will be possible (only multiples of ₹ 50).Paytm is India’s largest mobile e-commerce website, which offers day-to-day recharge solutions for a range of products and offers.

Mumbai Metro | MMRC considers change in design to cut civil cost of Metro III project

Narendra Shah

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03/03/2016

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Mumabi: In order to cut the construction cost of the 32.5-km long underground Metro line between Colaba and Seepz, the Mumbai Metro Rail Corporation (MMRC) is considering to make design changes to cut cost of civil construction that has been shot up by around 50 per cent.On November 19, dna had published a report on increase in civil component of the underground Metro line. The hike was realised after the bidders submitted their quotations for the civil work, which was way above the allocation done by Delhi Metro Rail Corporation’s estimates.Out of the entire estimated project cost of Rs23,136 crore, the civil work itself was estimated to cost around Rs10,188 crore without taxes. However, with the financial bids opened, the civil construction cost has gone risen up to around Rs15,000 crore.According to a source, the substantial variation in prices meant negotiations with the private bidders and eventually cutting down on various components that were earlier planned.These snipping off may include reducing the length of platforms as well as reduction in entry/exit points for the stations. Sources mentioned that even after these changes, the project cost will be somewhere above the estimated cost of Rs10,188 crore, but the overall price will reduce to a great extent.Each train will have six cars and having longer platforms means possibility of increasing carrying capacity in the future years by adding more coaches.Bids were floated in September last year for design and construction of 27 Metro stations, and the schedule was to issue work orders by October-November. However, due to substantial differences in price meant more time to get into the contracts.Japanese International Co-operation Agency (JICA) is partially funding the project to an extent of 57 per cent (Rs13,235 crore).The amount of Rs23,136 crore was arrived at as per September 2011 valuation and regulations. However, several parameters have changed since. The valuation of Rupee to Dollar too has varied resulting in further increase in estimated cost. Earlier Metro projects were under deemed export category, but in 2015 incentives for Metro isn’t included in the same category as JICA has been removed from the list. Service tax too has increased from 10.
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3 per cent to 15 per cent now.

Japanese Bank JICA keen to support six more metro projects in India

Narendra Shah

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03/03/2016

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Japanese Bank JICA keen to support six more metro projects in India

New Delhi: Japan International Cooperation Agency (JICA), which has provided loans for metro rail projects in the country, has shown “keen interest” in supporting six more such projects whose total debt component stands at over Rs 38,700 crore.Hideaki Domichi, Senior Vice-President of JICA today met Urban Development Minister M Venkaiah Naidu and held detailed discussions in this regard.He enquired about the progress of the six projects – Delhi Metro Phase-IV, Pune Metro, Vijayawada Metro, Chennai Metro Phase-II, Thiruvananthapuram Light Metro and Kozhikode Light Metro Projects – which are under consideration for approval, an official release said.The funding pattern for the government-funded metro projects entails a debt component of 50-60 percent with most of it coming through sovereign bilateral and multi-lateral development agencies.The debt component for Delhi Metro Phase-IV is Rs 29,160 crore, while that of Pune is Rs 4,665 crore and Vijayawada Rs 3,600 crore. Thiruvananthapuram Light Metro has a debt component of Rs 805 crore and Kozhikode Light Metro Rs 473 crore.The total debt component of these projects is Rs 38,703 crore.JICA had earlier sanctioned loans of Rs 57,363 crore for Delhi Metro (3 phases), Bengaluru Metro, Chennai Metro and Mumbai Metro Line-3 projects.Under the new modified Special Terms for Economic Partnership (STEP) with Japan, JICA loan comes at an interest rate of 0.30 per cent as against 1.30 per cent on earlier loans.The tenure of the loan will be 40 years as compared to 30 years for a normal JICA loan. One of the conditions is that 30 per cent of procurement for the projects has to be from Japan.Meanwhile, Domichi also discussed implementation of water supply and underground drainage project in Nellore (Andhra Pradesh) and Bengaluru’s Peripheral Ring Road Project, the release said.Naidu has urged JICA to speed up the Nellore project for which agreement of preparatory survey has been finalized with Andhra Pradesh government.About the Bengaluru project, the minister assured Domichi that he would talk to Karnataka government and elicit its views on it. The loan assurance for the project was given during the visit of Japanese Prime Minister to India in December last year.

Union Budget 2016 | Rs 450-crore push for Kochi Metro Rail Project

Narendra Shah

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01/03/2016

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Union Budget 2016 | Rs 450-crore push for Kochi Metro Rail Project

Kochi: The Kochi Metro Rail Ltd (KMRL) has received an assistance of Rs 450 crore in the Union Budget for the financial year 2016-17 as against the request of Rs 779 crore.KMRL officials expressed the hope that this amount would be revised when the Union government revises the budget estimates.In the current fiscal (2015-16), KMRL received an allocation of Rs 643.96 crore, including the additional revised equity allocation of Rs 44.48 crore. With this allocation, the central government has given the entire sanctioned amount of Rs 753.73 crore as equity to KMRL.

The state government’s contribution as on date comes to Rs 641.50 crore.

“Regarding the shortfall in provisioning for the 2016-17 financial year as against funds requested by KMRL, we are confident that this would be revised during the course of the forthcoming financial year, when the budget estimates are revised. Meanwhile, the present allocation is sufficient for going forward with the plan of activities proposed by KMRL,” said KMRL MD Elias George.

The main shortfall has been under the Head of Account, Pass Through Assistance (PTA), where Rs 434 crore was allocated against Rs 638 crore sought. (The Head of Account is the one through which overseas loan assistance would flow into the project) However, in the revised estimate of the Union budget for the financial year 2015-16, an additional amount of Rs 44.88 crore has been provided by way of equity.

Kolkata Metro | BEML bags Rs 900 cr Kolkata Metro order

Narendra Shah

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01/03/2016

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Kolkata Metro | BEML bags Rs 900 cr Kolkata Metro order

Bengluru: Defence PSU BEML has bagged an order worth Rs 900 crore for the supply of Metro Coaches to Kolkata East-West Metro Line.
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A contract agreement was signed between Kolkata Metro Rail Corporation (KMRCL)and BEML at Kolkata yesterday, BEML said.KMRCL Managing Director Narender Kumar Garg and BEML Director (Rail and Metro) Aniruddh Kumar signed the agreement, it said in a statement here.BEML has forayed into manufacture and supply of Metro Cars during 2002 and is a “Make in India” partner in Metro Rolling Stock,having supplied over 700 metro Cars to Delhi Metro Rail Corporation so far.Besides, BEML has also supplied metro cars to Bangalore Metro Phase-I as also to the Jaipur Metro project, which are in successful revenue operation, the statement said.With this, BEML continues to strengthen its position in metro Rolling Stock market in India, it said.

MEGA Metro | Recruitment of GM, AGM, Managers, Asstt. Managers etc.

Metro & Railway jobs

Narendra Shah

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29/02/2016

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MEGA Metro | Recruitment of GM, AGM, Managers, Asstt. Managers etc.

Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Co. Limited invites applications from qualified and experienced candidates for appointment of key senior, middle / junior level management positions:-

General Manager (Underground Construction) – 01 post
Assistant General Manager (Design) – 01 post
Assistant General Manager (Track) – 01 post
Assistant General Manager (Depot) – 01 post
Senior Manager – Platform Screen Doors (PSD) – 01 post
Senior Manager – Automatic Fare Collection (AFC) – 01 post
Assistant Manager – Platform Screen Doors (PSD) – 01 post
Assistant Manager – Automatic Fare Collection (AFC) – 01 post
Assistant General Manager (Underground – E&M) – 01 post
Assistant General Manager (Lift & Escalator) – 01 post
Senior Manager – Adm.& Log. – 01 post
Manager (E&M – Depot) – 01 post
Assistant Manager (E&M) – 02 posts

Applicants should download application format from www.gujratmetrorail.com, fill up the same and send the application through email only at career2016@gujaratmetrorail.com along with the scanned copies of latest CV & testimonials on or before 1st March, 2016.

Guwahati Metro | Assam CM to lay foundation stone of metro rail project in Guwahati

Narendra Shah

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29/02/2016

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Guwahati Metro | Assam CM to lay foundation stone of metro rail project in Guwahati

Guwahati: Assam CM Tarun Gogoi will lay the foundation stone of much awaited metro rail project in Guwahati today. Assam government approved the formation of Special Purpose Vehicle namely Guwahati Metro Rail Corporation Limited for implementing the project.The 203 kilometre Metro Corridor to be completed in three phases forecasts traffic demand up to the year 2045. Detailed Project Report for Phase-I has been prepared for a total length 61.4 kilometres. There will be four corridors and total of 54 stations in Phase-1.
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The total cost of the project will be over 18 thousand crore rupees. The project will be completed in five years. The Centre and the Assam government will bear 40 percent of total cost while nearly 58 per cent of cost will be funded through soft loans. Local bodies will contribute 2 percent towards project completion cost.

Sreedharan says, Light Metro projects in Kerala on track

Narendra Shah

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29/02/2016

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Sreedharan says, Light Metro projects in Kerala on track

Thiruvananthapuram: ‘Metro Man’ E. Sreedharan on Saturday denied reports that there is a difference of opinion between him and the Kerala government over the proposed Rs.6728 crore light metro projects to be implemented in Kozhikode and Thiruvananthapuram.“There exists no difference of opinion at all.
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Since they are government officials, they will have a lot of questions to ask and it’s our duty to clarify it,” Sreedharan told reporters here.There have been media reports that things are not fine between Sreedharan and the state finance department over the proposed light metro project.Sreedharan said the central government was examining the detailed project report, which was approved by the Kerala cabinet, and is expected to give an in principle approval to it in three months’ time.The state government has engaged the Delhi Metro Rail Corporation (DMRC) as interim consultants to identify and take up the preliminary and preparatory works, he said.“As things stand today, they (DMRC) are the only ones who are capable of taking up this project and whether they should be given the final contract rests with the government.”Sreedharan said the work for the project could start as soon as the in principle approval was received.“The first phase of the 21.82 km in the capital city will be ready in three years’ time and the entire 13.33 km Kozhikode project will be completed in four years’ time,” said Sreedharan.He said Japan International Cooperation Agency (JICA) had agreed to provide financing — Rs.4733 crores with an interest rate of 0.3 per cent and a 10-year moratorium on repayment with another 30 years for actual repayment.“The rest of the funds will come from the state and the centre,” said the ‘Metro Man’.Sreedharan enjoys an iconic status in the country in implementation of rail transport projects, credited with being the leader in realising with despatch and efficiency the hugely challenging Konkan Railway as well as the Delhi Metro Rail project.He is also overseeing the Kochi Metro project which is expected to begin commercial operations on November 1 this year. If that happens, the project will become the fastest completed project in the country.

Delhi Metro | DMRC to start Cargo Services on the Airport Express Line on an experimental basis

Latest News

Narendra Shah

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29/02/2016

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Delhi Metro | DMRC to start Cargo Services on the Airport Express Line on an experimental basis

New Delhi: The Delhi Metro Rail Corporation (DMRC) has decided to start cargo services on the Airport Express line on an experimental basis from next month onwards.

From the 1^st of March onwards, cargo services for the transportation of non-perishable/e-commerce items will be facilitated through the Airport Express line. DMRC has signed a Memorandum of Understanding (MoU) with a specialised cargo agency for the purpose.

The agency will utilise the Airport Express line for transporting cargo between the New Delhi and IGI Airport Metro stations on a trial basis for three months. Prohibited items as per statutory rules or as notified by DMRC from time to time shall not be allowed and the cargo will be transferred after the necessary security checks.

This would be the first ever occasion, when a Metro system in India would be used for the transportation of cargo. These trials would help in accessing the cargo volumes that could be potentially be generated on this route on both directions, especially e-commerce cargo. Based on the experience, a tender for a long term arrangement shall be floated.

This initiative will also reduce the consumption of fossil fuels, CO2 emission and improve the air quality as less number of cargo vehicles will ply on the roads as a result. It will also be possible to transport cargo faster to and from the airport since a journey by road to the airport would take much longer time.
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The Airport Express line trains have dedicated coaches for luggage which is separate from the passenger coaches. Therefore, the introduction of the cargo services will not cause any inconvenience to the general commuters at all.

The Airport Express is India’s only dedicated high speed Metro connection between the city and the airport. It is suited for the transportation of cargo since there is a separate coach for luggage and the services are available all through the day from 5.15 in the morning till 11.30 pm late in the night.

Rail Safety and Reliability – A Global Perspective

Narendra Shah

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27/02/2016

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Rail Safety and Reliability – A Global Perspective

OZINtelligent Consultants (OZIN) is a start-up consulting company formed by a group of experienced engineering professionals from Australia and India with a primary objective of providing opportunities for bringing world class engineering and assurance processes into India that will help in building safe and reliable infrastructure.OZIN is organising their first two day annual conference ‘Rail Safety and Reliability – A Global Perspective’ on 29-30 June 2016 in ‘The Mayfair Banquet’ Mumbai. The Conference, which is expected to be attended by prominent representatives from the client organisations as well as from the Industry, will be providing an excellent platform for knowledge sharing, learning from the experiences of the professionals from across the world and developing new relationships in a relaxed atmosphere. All this will ultimately help in collaborating and in promoting safety and reliability on our railways.Presence of 150+ top level decision makers from India, Australia and UK, this conference provides an excellent opportunity for knowledge sharing, learning from the experiences of these professionals and developing new relationships in a relaxed atmosphere.The Conference will also provide an opportunity for the Industry to promote their products and services to railway clients from the PSU’s, Metro organisations and, of course, Indian Railways.Metro Rail News is a proud Media Partner for this grand event.

Conference

Date: 29-30 June, 2016 (9:00am to 04:00pm)

Venue: Mayfair Banquet, 30, Dr Annie Besant Rd, Siddharth Nagar, Worli, Mumbai, Maharashtra 400018

Networking Dinner/Cocktail Reception

Date: 29 June, 2016 (7:30pm Onwards)

Venue: Mayfair Banquet, 30, Dr Annie Besant Rd, Siddharth Nagar, Worli, Mumbai, Maharashtra 400018

Important Dates

Deadline for Abstract submission: 30th May, 2016

Deadline for Paper submission: 20th June, 2016

Last date for online registration by: 25th June, 2016

For more details of the conference and participation you can visit:

http://www.ozinconsultants.com/rail-safety-conference-.html