Light Metro Project|Cabinet approves for Light Metro Rail project
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Once the state gets the Centre’s clearance, the project would be implemented as a joint initiative of both the governments.As per the current agreement, it is likely that the state and Central governments will independently fund 20 per cent of the total expenses, while the remaining 60 per cent will be availed as loan. The land acquisition cost will be borne by the state government. The project report for the Rs 6,728-crore Light Metro project has been under consideration of the Cabinet form some time.Though the project had come up before the previous two Cabinets, a decision was deferred. It was expected that a final decision would be taken in the Cabinet meeting last Thursday. But was postponed as Works Minister V K Ebrahim Kunju was not present.The Detailed Project Report for the Light Metro project submitted by the Delhi Metro Rail Corporation (DMRC) in last October has been awaiting the mandatory clearance from the Cabinet for sometime.The project had faced objections from the Planning Board and the Finance Department. They had also opposed the financing model proposed by DMRC and instead suggested PPP model. However the Works Department insisted that the DMRC should be entrusted with the project.They also pointed at the funding options listed by DMRC principal advisor E Sreedharan who had suggested that the project can avail loan from the Japan International Cooperation Agency.
Delhi Metro|Exclusive media interview with DMRC Chief Dr. Mangu Singh
Delhi Metro|DMRC likely to blacklist Hyundai Rotem for 5 years
Chennai Metro|Madras HC asks CMRL & Gammon to suggest names of arbitrator experts
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The Court has posted the matter for the hearing to Friday.Earlier the Court asked both the parties to resolve the issue amicably, on which CMRL informed that the discussions for amicable settlement did not work.It may be noted, early this month CMRL decided to terminate the Order placed to Gammon due to delay in completion of the tunnelling project after Gammon’s joint venture partner Mosmetrostroy, a Russian Company, allegedly abandoned the project. Gammon bagged Rs 1,947-crore contract along with Mosmetrostroy in 2011 to design and construct seven underground stations for the CMRL.During hearing, Senior Counsel P S Raman, who was appearing for the company, argued that the company is ready to bring an Italian company, to replace Mosmetrostroy, which has best of technology and even ready to give undertaking that it will finish the remaining project in a particular time frame, but CMRL is not accepting it.The counsel for CMRL earlier stated that once the termination notice was issued it cannot be revoked, he also argued that as per the agreement Gammon cannot outsource the project (on the backdrop of his Russian partner running away).The CMRL has also decided to involve the bank guarantee against Gammon post the termination of the contract. However, Gammon wanted this to be stayed.
Delhi Metro|DMRC struggling to meet increasing cost with running its operations
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ET has accessed the series of letters. The last one was written by DMRC chief Mangu Singh to MoUD Secretary Madhusudan Prasad on February 19, 2015, where he stated that the costs of all inputs – electricity, salary, wages and maintenance – required for operations and maintenance of metro rail had gone up considerably.
Lucknow Metro|Lack of funds should not impede construction of metro project
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Managing Director, LMRC Kumar Keshav informed the chief secretary that the progress on primary section of metro rail from Charbagh to Transport Nagar (about 8km) has been satisfactory and according to the key dates fixed for completion of works by December 2016. The meeting was attended by secretary, Housing and Urban Planning, Pandhari Yadav, Managing Director, LMRC Kumar Keshav along with other senior officials.
Nagpur Metro|BJP MLC urges Maha CM to expedite the Nagpur Metro Rail project
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Lucknow Metro|Lucknow Metro Rail project yet to get clearance from Public Investment Board
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The PIB, for this project, has been formed under the chairmanship of Secretary (Expenditure) of Union Ministry of Finance.The first meeting of PIB for the project was held in August last year. The Centre had allocated Rs 50 crore for the project in the Budget for 2014-15. But that fund could not be released in the absence of the PIB’s clearance. In the current financial year, Centre allocated Rs 173 crore but even that is awaiting PIB’s clearance. The next meeting of the Board is scheduled on August 6 in Delhi and the state government officials are expecting to get the clearance then.However, sources said that even after the PIB’s clearance, it will take another two to three months for the state to actually get the Centre’s share of funds and loan from other agencies.“We are hopeful to the get PIB nod in the next meeting,” said Kumar Keshav, Managing Director of LMRC. Keshav added that the state government has given a commitment to complete the first 8.3-km stretch of the project from its own resources so that a trial run could begin by December 2016.Construction work on the first stretch of the project had started in September 2014. The state government had provided Rs 20 crore for the project in 2013-14, Rs 90 core in 2014-15 and Rs 425 crore is required in the current financial year.Out of the assured Rs 425 crore, LMRC has so far reportedly received Rs 100 crore from the UP government. Transfer of the remaining fund from agencies such as UP Housing and Development Board, Lucknow Development Authority and UPSIDC is in the process.
Delhi Metro|140% rise in crime in Delhi Metro in a year
Delhi Metro|DMRC tokens to be made available for micro advertising
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Delhi Metro|All upcoming phase-III metro stations to have toilate facilty
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Direction has been issued to all metro companies implementing metro projects under 50:50 joint venture partnership between the Centre and respective state and Union Territory (UT) governments to provide toilets in the paid areas of all proposed metro stations, Urban Development Minister M Venkaiah Naidu said in a written reply.He said all stations of metro projects being implemented under equal joint venture partnership between the Centre and respective state and UT governments have toilets in the paid and unpaid areas. Delhi Metro Rail Corporation has informed that 32 of its upcoming stations under the Phase-III project in Delhi will have toilets in the paid area. Naidu further said there are no separate funds earmarked for construction of toilets at metro stations. Toilets are an integral part of the station design and the cost of construction of toilets is part of the project cost.
Nagpur Metro|Metro rail project workers living on the road
Light Metro Project|Decision on Light Metro for Thiruvananthapuram and Kozhikode
Thiruvananthapuram: The Cabinet is to take a call on the Rs.6,728-crore Light Metro proposed by the Delhi Metro Rail Corporation (DMRC) for Thiruvananthapuram and Kozhikode on Wednesday.
The Detailed Project Report (DPR) for the Light Metro, in 35.12 km in the two cities, submitted by the DMRC on October 8, will come up before the Cabinet for the mandatory clearance, official sources told The Hindu.
State Planning Board Member and Principal Adviser, DMRC, E.
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Sreedharan, who mooted the MRTS instead of the scrapped monorail, arrived in the capital on Tuesday night for consultations.
Mr. Sreedharan reached the capital after Chief Minister Oommen Chandy said that he wanted to meet him ahead of the Cabinet meeting. As the Assembly is in session, the meeting will take place either at the Cliff House on Wednesday morning or at the legislature complex. The Cabinet will meet in the evening. Although the Light Metro figured in the agenda for the Cabinet meeting on July 15, it was deferred in the last minute.
Top officials of the PWD and Kerala Rapid Transit Corporation Ltd., the SPV set up under the PWD to execute the project, had a meeting with Minister for Public Works V.K. Ebrahim Kunju on Tuesday night and discussed the project.
The PWD has overruled the objections of the State Planning Board and the Finance Department and has recommended that the DMRC should be entrusted with the Light Metro on turn-key basis. The PWD has listed various funding options mooted by the DMRC in the DPR for the project along with Mr. Sreedharan’s proposal to secure STEP loan from the Japan International Cooperation Agency .
The State Planning Board and Finance Department had mooted PPP mode instead of turn-key basis suggested by DMRC as in Kochi Metro. The Finance Department has asked the PWD to float global tenders.



