REC’s subsidiary hands over SPV to Power Grid Corporation of India

Chandigarh Metro cost climbs to Rs 25,000 crore amid delays

The long-awaited Chandigarh Tricity Metro project has seen its estimated cost balloon to nearly Rs 25,000 crore, following delays in approvals by the Union Territory administration. The cost, which stood at Rs 23,263 crore in February 2025, has risen by Rs 1,737 crore in just seven months, according to officials.The matter was raised during the transport standing committee meeting of the Administrator’s Advisory Council, chaired by AAP state president Vijay Pal. A presentation by Rail India Technical and Economic Service (RITES) strongly recommended that the Metro is the most suitable mass r..

Mumbai Metro-3 may open fully by Dussehra

Mumbai is on the verge of a major transport milestone as the 33.5-km Metro-3 Aqua Line from Colaba to Aarey Colony nears full completion. Authorities are aiming to launch the entire corridor by Dussehra, pending final safety clearances.The project, executed in phases, has already brought relief to commuters. The first section between Aarey Colony and Bandra-Kurla Complex (BKC) opened in October 2024, followed by the BKC–Worli stretch in May 2025. The final Worli–Cuffe Parade segment is currently under safety inspections by the Commissioner of Metro Railway Safety (CMRS). A final review is ..

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..