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1.Metro and railway works worth Rs 34 billion awarded to ITD Cementation India

ITD Cementation India, a construction major in India, recently announced through its BSE filing that the company bagged five contracts estimated to be worth over Rs 34 billion, for major infrastructure projects in the country.


2.Rs 10.12 billion allocated for Bengaluru Metro Phase-2

The Phase-2 of the Namma Metro project has reportedly received Rs 10.12 billion. The 2019-20 budget allocated Rs 18.28 billion for the South Western Railway, which is nearly 20 per cent more as compared to the previous year.


3.Contract for Bangalore Metro purple line extension finalised

The contractor who will build the Nagasandra (Hesaraghatta cross) to Bengaluru International Exhibition Centre (BIEC) section of the North-South line has been finalised by Bangalore Metro Rail Corporation (BMRCL). Even though the name of the winning bidder has not been known, the work order is expected to be issued any time soon.


4.BMRCL may lay corridor to connect airport

Bangalore Metro Rail Corporation (BMRCL) informed that it would undertake a pre-feasibility study of extending the metro network till the Bengaluru International Airport (BIA). The organisation will also make a detailed project report on the proposed route. BMRCL will have to lay tracks for 23.37 kilometre from Nagawara if it has to cover the airport. If the metro rail corporation sets up the track, then the proposed high-spee


5.BMRCL to issue Rs 3 bn worth bonds

In order to fund its first phase of the metro rail project, the Bangalore Metro Rail Corporation (BMRCL)plans to issue Rs 300 crore worth of secured non-convertible and taxable bond in July. BMRCL, the special purpose vehicle created for implementing the metro rail project, would raise the amount through private placement of the


6.BMRCL, railway authority fail to reach consensus

The plan to provide inter-modal connectivity between metro rail and railway has been shelved in Bangalore following lack of consensus between BMRCL and the Bangalore division of the South Western Railway on the design and cost. If they agreed on the design and cost, the platforms at the railway station would be connected with the Metro stat


7.BMRCL, railway authority fail to reach consensus

The plan to provide inter-modal connectivity between metro rail and railway has been shelved in Bangalore following lack of consensus between BMRCL and the Bangalore division of the South Western Railway on the design and cost. If they agreed on the design and cost, the platforms at the railway station would be connected with the Metro stat


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