AIIB to Survey Madurai-Coimbatore Metro Projects

04 Jul 2024 CW Team

The Asian Infrastructure Investment Bank (AIIB) is set to conduct feasibility studies for proposed metro projects connecting Madurai and Coimbatore in Tamil Nadu. This initiative underscores AIIB's commitment to supporting urban infrastructure development in India, particularly in enhancing public transportation systems.

The feasibility studies will assess the technical, financial, and environmental viability of establishing metro rail networks between Madurai and Coimbatore. These studies are crucial steps towards determining the project's feasibility, including route alignment, cost estimation, and potential socio-economic impacts.

The proposed metro corridors aim to improve connectivity between key urban centres in Tamil Nadu, facilitating faster and more efficient travel options for residents and commuters. AIIB's involvement reflects its strategic focus on funding sustainable infrastructure projects that promote economic growth and enhance quality of life.

Once the feasibility studies are completed, AIIB will collaborate with local authorities and stakeholders to further refine project plans and secure necessary approvals. The initiative is expected to boost regional connectivity, reduce traffic congestion, and support sustainable urban development in Madurai and Coimbatore.

The Madurai-Coimbatore metro projects align with India's broader vision of expanding metro networks across major cities to address urbanisation challenges and promote environmentally-friendly modes of transportation. AIIB's survey marks a significant milestone in advancing these objectives and fostering inclusive growth through enhanced infrastructure capabilities.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..