Metro-rail in India high on construction cost

01 Apr 2019 Editorial Team

The cost of a metro project depends on the geographical location as well as many development constraints and requirements.

According to Rahul Shah, COO-Urban Infrastructure, Tata Projects, “The overall construction costs invested in materials, equipment and electrical components depend on various parameters.” In fact, all these parameters are specified within tenders, which itself differ from one another.

Based on the data available in various DPR, Mohammad Athar, Partner, PricewaterhouseCoopers, says, “The cost of an elevated metro project is in the range of Rs 2.25-300 billion per km and underground metro is about Rs 5.50-5.75 billion per km.”

For his part, Nalin Gupta, Managing Director, J Kumar Infraprojects, says the overall cost invested in construction materials, equipment and electrical components, etc, on average, is 50-60 per cent. Commenting on the per-km construction cost involved in underground metro, he shares, “It depends upon availability of specialised machinery and equipment (owned/hired/new) and experts to operate it. As for elevated metro, it depends upon availability of machinery and equipment and experienced men and the location of the site.” He adds that average investment return depends upon the availability of funds (capital plus interest for construction purpose).

Take the case of the Nagpur Metro project. According to Sunil Mathur, Director (Rolling Stock & Systems), Maharashtra Metro Rail Corporation, about 10 per cent of the total project cost comprises electrical installation. “The per-km construction cost for the traction distribution system (TRD) of the elevated metro line comes to around Rs 100 million (per route km),” he shares.

SHRIYAL SETHUMADHAVAN

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..