BMRC, DMRC tie-up for first phase of city rail
RAILWAYS & METRO RAIL

BMRC, DMRC tie-up for first phase of city rail

The Bhubaneswar Metro Rail Corporation (BMRC) signed an agreement with Delhi Metro Rail Corporation (DMRC) for construction of the first phase of Bhubaneswar Metro rail project from the Biju Patnaik International Airport to Trisulia Square in Cuttack.

As per the memorandum of understanding, DMRC will work as a turn-key consultant for the 26-km long project touching key landmarks such as Capital Hospital, Rajmahal Square, Jaydev Vihar and Patia.

It is expected to be completed in four years. The MoU was signed between BMRC chief executive officer Siba Prasad Samantary and DMRC director Pramit Kumar Garg with chief minister Naveen Patnaik present through video link.

?We are now poised to transform the transportation landscape in the capital region. This is a flagship programme under the 5T initiative of my government that will also symbolise the emergence of a new Odisha,? a government statement quoting Naveen said. Naveen said the Rs 6,255 crore project with 20 stations is the single largest investment to be made in any infrastructure project in the history of the state. The entire cost will be borne by the state government, he said.

The Bhubaneswar Metro Rail Corporation (BMRC) signed an agreement with Delhi Metro Rail Corporation (DMRC) for construction of the first phase of Bhubaneswar Metro rail project from the Biju Patnaik International Airport to Trisulia Square in Cuttack. As per the memorandum of understanding, DMRC will work as a turn-key consultant for the 26-km long project touching key landmarks such as Capital Hospital, Rajmahal Square, Jaydev Vihar and Patia. It is expected to be completed in four years. The MoU was signed between BMRC chief executive officer Siba Prasad Samantary and DMRC director Pramit Kumar Garg with chief minister Naveen Patnaik present through video link. ?We are now poised to transform the transportation landscape in the capital region. This is a flagship programme under the 5T initiative of my government that will also symbolise the emergence of a new Odisha,? a government statement quoting Naveen said. Naveen said the Rs 6,255 crore project with 20 stations is the single largest investment to be made in any infrastructure project in the history of the state. The entire cost will be borne by the state government, he said.

Next Story
Infrastructure Transport

NHAI Unveils First Asset Monetisation Strategy for Road Sector

In a major step towards financial innovation in infrastructure, the National Highways Authority of India (NHAI) has released its first-ever Asset Monetisation Strategy for the Road Sector. The strategy aims to unlock the value of operational national highways and attract greater private sector participation via Public Private Partnership (PPP) models. The document outlines a comprehensive framework for raising capital through Toll-Operate-Transfer (ToT), Infrastructure Investment Trusts (InvITs), and securitisation. These instruments have already helped NHAI mobilise over Rs 1.4 trillion ..

Next Story
Real Estate

IHCL Signs Vivanta Hotel in Mysuru to Expand Karnataka Presence

Indian Hotels Company (IHCL), India’s largest hospitality company, has signed a new greenfield hotel in Mysuru under the Vivanta brand. This marks a strategic addition to IHCL’s growing footprint in Karnataka. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “Mysuru, with its cultural heritage and diverse economy, is emerging as a key urban hub. Infrastructure upgrades like the Bengaluru-Mysuru Expressway are further catalysing travel and tourism. This signing aligns with our strategy of expanding in high-potential destinations. We are pleased ..

Next Story
Equipment

Liebherr Wheel Loaders and Circular Economy in Switzerland

Every year, the Verein für Abfallentsorgung (Association for Waste Disposal, or VfA for short) processes around 50,000 m³ of green waste in the Swiss canton of St. Gallen. A decomposition process lasting several months results in the finest fresh compost, which is refined by the company Terre Suisse, as one of several customers, in further processing steps to form high-quality substrates and potting soil. Both the latest generation and older models of mid-sized Liebherr wheel loaders play an important role in this production process, especially when it comes to loading and heaping soil. They..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?