Mumbai Urban Transport Project-III project get Rs.35 bn boost from AIIB
RAILWAYS & METRO RAIL

Mumbai Urban Transport Project-III project get Rs.35 bn boost from AIIB

To augment the suburban railway network in the Mumbai Metropolitan Region and ensure the safety of passengers, the Mumbai Railway Vikas Corporation (MRVC), along with the Centre and Maharashtra Government, has signed a loan agreement of Rs.35 bn with AIIB for railway projects under the Mumbai U...

To augment the suburban railway network in the Mumbai Metropolitan Region and ensure the safety of passengers, the Mumbai Railway Vikas Corporation (MRVC), along with the Centre and Maharashtra Government, has signed a loan agreement of Rs.35 bn with AIIB for railway projects under the Mumbai Urban Transport Project-III (MUTP-III). The total cost of MUTP-III is Rs.109.47 bn. The AIIB loan has a five-year grace period and maturity of 30 years. Sanctioned by the ministry of railways in 2017, MUTP-III projects include quadrupling of the 63-km line between Virar and Dahanu stations and setting up a 28-km Panvel-Karjat suburban railway corridor to provide a shorter route from Karjat to Chhatrapati Shivaji Maharaj Terminus.

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Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

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Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

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Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

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