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

Narendra Shah
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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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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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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.

Narendra Shah
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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:-

  1. General Manager (Underground Construction) – 01 post
  2. Assistant General Manager (Design) – 01 post
  3. Assistant General Manager (Track) – 01 post
  4. Assistant General Manager (Depot) – 01 post
  5. Senior Manager – Platform Screen Doors (PSD) – 01 post
  6. Senior Manager – Automatic Fare Collection (AFC) – 01 post
  7. Assistant Manager – Platform Screen Doors (PSD) – 01 post
  8. Assistant Manager – Automatic Fare Collection (AFC) – 01 post
  9. Assistant General Manager (Underground – E&M) – 01 post
  10. Assistant General Manager (Lift & Escalator) – 01 post
  11. Senior Manager – Adm.& Log. – 01 post
  12. Manager (E&M – Depot) – 01 post
  13. 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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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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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

Narendra Shah
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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 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

Narendra Shah
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Rail Safety and Reliability – A Global Perspective

Rail Safety

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

Kochi Metro | Recruitment of AGM, Sr.DGM, DGM, AM, SC/TO & Controllers

Narendra Shah
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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-

  1. Addl. General Manager (Civil) – 02 posts (Pay Scale-Rs.43200 – 66000-E7)
  2. Addl. General Manager (Depot) – 01 post (Pay Scale-Rs.43200 – 66000-E7)
  3. Sr. Dy. General Manager (Civil) – 02 posts (Pay Scale-Rs.32900 – 58000-E5)
  4. Dy. General Manager (Civil) – 01 post (Pay Scale-Rs.29100 – 54500-E4)
  5. Dy. General Manager (Environment) – 01 post (Pay Scale-Rs.29100 – 54500-E4)
  6. Assistant Manager (Civil) – 02 posts (Pay Scale-Rs.20600 – 46500-E2)
  7. Chief Controller – 01 post (Pay Scale-Rs.16400 – 40500-E1)
  8. Depot Controller – 01 posts (Pay Scale-Rs.14000– 26950-S2)
  9. Power Controller – 02 posts (Pay Scale-Rs.14000– 26950-S2)
  10. Station Controller/Train Operator – 06 posts (Pay Scale-Rs.13500– 25520-S1)

Application Fee – Rs.500/-

Last date to apply: 10.03.2016

Click here to know more.

Kochi Metro | Recruitment of General Managers in KMRL

Narendra Shah
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Kochi Metro | Recruitment of General Managers in KMRL

Kochi Metro  Rail Ltd. is inviting application from the eligible candidates for the following posts-

  1. General Manager (Projects) – 01 post
  2. General Manager (Civil & Depot) – 01 post
  3. General Manager (Design) – 01 post
  4. General Manager (Finance & Accounts) – 01 post

Maximum age limit: 55 years as on 01.02.2016.

Pay Scale: Rs.51300-73000 (E8)

Last date to apply: 10.03.2016

Click here to know more.

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