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
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
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.
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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 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
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.
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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
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.
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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
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 1st 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
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:
Kochi Metro | Recruitment of AGM, Sr.DGM, DGM, AM, SC/TO & Controllers
Kochi Metro Rail Ltd. is inviting application from the eligible candidates for the following posts-
- Addl. General Manager (Civil) – 02 posts (Pay Scale-Rs.43200 – 66000-E7)
- Addl. General Manager (Depot) – 01 post (Pay Scale-Rs.43200 – 66000-E7)
- Sr. Dy. General Manager (Civil) – 02 posts (Pay Scale-Rs.32900 – 58000-E5)
- Dy. General Manager (Civil) – 01 post (Pay Scale-Rs.29100 – 54500-E4)
- Dy. General Manager (Environment) – 01 post (Pay Scale-Rs.29100 – 54500-E4)
- Assistant Manager (Civil) – 02 posts (Pay Scale-Rs.20600 – 46500-E2)
- Chief Controller – 01 post (Pay Scale-Rs.16400 – 40500-E1)
- Depot Controller – 01 posts (Pay Scale-Rs.14000– 26950-S2)
- Power Controller – 02 posts (Pay Scale-Rs.14000– 26950-S2)
- Station Controller/Train Operator – 06 posts (Pay Scale-Rs.13500– 25520-S1)
Kochi Metro | Recruitment of General Managers in KMRL
Kochi Metro Rail Ltd. is inviting application from the eligible candidates for the following posts-
- General Manager (Projects) – 01 post
- General Manager (Civil & Depot) – 01 post
- General Manager (Design) – 01 post
- General Manager (Finance & Accounts) – 01 post
Delhi Metro | DMRC to get Rs1,546 crore interest-free loan from Delhi Govt.
New Delhi: In order to speed up metro projects being executed in the national capital, Delhi government has decided to extend an interest-free loan of Rs 1,546 crore to DMRC, relaxing the existing rules.As per existing norms, Delhi Metro Rail Corporation (DMRC) has to pay VAT on purchase of every item during the ongoing projects to the city government, which later reimburses the amount after verifying all purchases.Delhi Transport Minister Gopal Rai said the government will extend the loan of Rs 1,546 in three installments – Rs 646 crore in 2015-16, Rs 450 crore in 2016-17 and Rs 450 crore in 2017-18- to the DMRC.The decision was taken at a Cabinet meeting chaired by Chief Minister Arvind Kejriwal on Wednesday.“We used to reimburse the VAT amount paid by the DMRC, but the process would consume more time and often cause delay to projects. For instance, the government had reimbursed the VAT amount, which was to be paid in 2010 to Metro, in 2014. As per the new rule, we will extend interest-free loan in advance which the Metro used to give to the government in forms of VAT,” Rai said.A senior official said the DMRC will now have to pay VAT on every purchase to the city government, and in return for this, government will extend a loan to the metro. Recently, the AAP government accorded in-principle approval for construction of Metro Phase-IV.DMRC has set 2021 deadline for the phase-IV expansion, which would add 75 stations to the network. A total of 31.47 kms of new lines would be underground, while 64.39 km would be elevated. Delhi government has written to DMRC, saying it will go for the revenue sharing model adopted in the previous phases.Among the projects chosen under Phase-IV are Rithala Narela (21.73km), Janakpuri West RK Ashram (28.92km), MukundpurMaujpur (12.54km), Inderlok Indraprastha (12.58km), Tughlakabad Aerocity (20.20 km), and Lajpat Nagar Saket G-Block (7.96 km).
Lucknow Metro | LMRC commences OHE Mast Erection work for Electrical Power Supply ahead of schedule
Lucknow: Achieving another big milestone ahead of the planned schedule, Lucknow Metro Rail Corporation (LMRC) has now started the work of mast erection for its Over Head Electrification (OHE) work on its viaduct. This is a significant achievement in such a short span of time considering the fact that it’s been just over a month for Lucknow Metro wherein it had commenced the work for laying of tracks at its Transport Nagar Depot.Erection of OHE masts for providing 25 kV Traction Power to the Metro Trains commenced yesterday on viaduct near Krishna Nagar Metro station. The Receiving Sub Station (RSS) which shall feed power to the priority corridor is being constructed at Transport Nagar Depot. The foundation works for this RSS has already been completed and the superstructure works are in progress.The Transport Nagar RSS of LMRC will receive power at 132 kV voltage from 220kV Sarojani Nagar Sub Station of UPPTCL for which double circuit 132kV underground cables (approx.
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6 kms) shall be laid by Lucknow Metro. The process of getting approvals from different stake holders like NHAI, PWD,GAIL, GGL etc is in progress and it is expected that cabling work would be completed before the onset of monsoon. Construction of two 132kV dedicated bays is in full swing at Sarojani Nagar.At every RSS, there are two substations namely the Traction Sub Station (TSS) and the Auxiliary Main Substation (AMS). The output of TSS is 25 kV single phase AC, which is used for running of Metro train, the output of AMS is 33 kV three phase AC which is further stepped down to 415 V three phase for providing auxiliary supply to the stations and train maintenance depots.The entire power supply arrangement shall be remotely operated, controlled and monitored through SCADA system from the Control Centre coming up at the Transport Nagar Depot.
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6 kms) shall be laid by Lucknow Metro. The process of getting approvals from different stake holders like NHAI, PWD,GAIL, GGL etc is in progress and it is expected that cabling work would be completed before the onset of monsoon. Construction of two 132kV dedicated bays is in full swing at Sarojani Nagar.At every RSS, there are two substations namely the Traction Sub Station (TSS) and the Auxiliary Main Substation (AMS). The output of TSS is 25 kV single phase AC, which is used for running of Metro train, the output of AMS is 33 kV three phase AC which is further stepped down to 415 V three phase for providing auxiliary supply to the stations and train maintenance depots.The entire power supply arrangement shall be remotely operated, controlled and monitored through SCADA system from the Control Centre coming up at the Transport Nagar Depot.
Bullet Train Project | Shreedharan says, Not right time for bullet train in India
Former Delhi Metro Chief Dr E Sreedharan today said that he was not in favour of bullet train at present, instead emphasised on the need for the Indian Railways to improve the existing facilities.“This is not the right time for bullet train in the country but there was a need for improving existing facilities, speed, infrastructure and comforts of passengers,” Sreedharan, also known as the ‘Metro Man’ for developing the vibrant Delhi Metro, said in an informal interaction with reporters on sidelines of a function here.He said the Railways should concentrate on betterment of the existing facilities at the outset and think of bullet train later.“May be after eight to 10 years, we may require bullet train,” Sreedharan said.
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To a query on the proposed bullet train between Mumbai and Ahmedabad, Sreedharan, who had spent about 36 years with Railways, expressed his satisfaction over the progress of the Nagpur Metro Rail project.The Nagpur metro project, he said, was using a new technology where the via duct will be of 8.5 metres against the 10 metres in other Metro Rails across the country.Earlier, at the first foundation day programme of Nagpur Metro Rail, Sreedharan said the project should be completed on time and it should be affordable to the users, since it was a public transport.“If you don’t complete the project within the time frame, the cost will escalate Rs 50 lakhs per day. When the detailed Project Report of Delhi Metro was drafted, the completion target was given 10 years but we finished in seven years and three months, which was a record, thereby saving a huge revenue,” he said.Educate the public and users about the utility and engage them so that there are no inordinate delays in execution, he said, emphasising on evolving a work culture among employees and staff to inculcate a ‘sense of integrity’.Citing example of Delhi, he said a run of 65 kms Metro Rail reduced congestion on road traffic as about 35,000 cars were off roads and Rs 3 lakh crore was saved on fossil fuel.Managing Director of Nagpur Metro Brajesh Dixit, Divisional Commissioner Anup Kumar and Municipal Commissioner Shrawan Hardikar were also present on the occasion.
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To a query on the proposed bullet train between Mumbai and Ahmedabad, Sreedharan, who had spent about 36 years with Railways, expressed his satisfaction over the progress of the Nagpur Metro Rail project.The Nagpur metro project, he said, was using a new technology where the via duct will be of 8.5 metres against the 10 metres in other Metro Rails across the country.Earlier, at the first foundation day programme of Nagpur Metro Rail, Sreedharan said the project should be completed on time and it should be affordable to the users, since it was a public transport.“If you don’t complete the project within the time frame, the cost will escalate Rs 50 lakhs per day. When the detailed Project Report of Delhi Metro was drafted, the completion target was given 10 years but we finished in seven years and three months, which was a record, thereby saving a huge revenue,” he said.Educate the public and users about the utility and engage them so that there are no inordinate delays in execution, he said, emphasising on evolving a work culture among employees and staff to inculcate a ‘sense of integrity’.Citing example of Delhi, he said a run of 65 kms Metro Rail reduced congestion on road traffic as about 35,000 cars were off roads and Rs 3 lakh crore was saved on fossil fuel.Managing Director of Nagpur Metro Brajesh Dixit, Divisional Commissioner Anup Kumar and Municipal Commissioner Shrawan Hardikar were also present on the occasion.
Vizag Metro | Japan Bank JICA to fund Vizag Metro Rail Project
Hyderabad: The proposed metro rail project for Vijayawada and Visakhapatnam has moved forward with the central government giving its nod to the AP government to seek international funds to execute the ambitious work. The Japan International Cooperation Agency (JICA) has also agreed in principle to fund the metro rail projects. A JICA team is currently visiting Vijayawada for a first hand assessment of the project.“The Union urban ministry has recommended to the department of economic affairs to allow AP to seek financial assistance from ex ternal agencies,” said AP municipal administration principal secretary R Karikal Valaven. According to officials, the terms and condi tions offered by JICA are borrower-friendly. The state government can repay the loan over a period of 30 to 40 years.On top of it, a moratorium will be applied for the first 10 years. “The rate of interest is only three per cent. Even in case of fluctuation in the rate of Yen, AP still can handle the situation,” officials said.
JICA has already funded metro rail projects in Delhi, Bangalore, Kolkata and Chennai. Madhya Pradesh has also sought loan from JICA for Metro.
Earlier, the state government explored several methods, including public-private partnership (PPP), grant and loan to raise Rs 10,600 crore for Visakhapat nam and Rs 5,600 crore for Vijayawada metro rail project.The government had abandoned the idea of PPP after discovering that it will not be viable. Now, the plan is to obtain 20 per cent of the cost required for both the projects from the central government. The state government will contribute 20 per cent and the remaining 60 per cent of funds can be procured as loans.
Delhi Metro Rail Corporation (DMRC) has been entrusted with the task of monitoring the metro rail projects. It has floated tenders for Vijayawada Metro in September last year. Since then, the DMRC has extended the deadline four times.