Delhi CM Greenlights Metro MOU
RAILWAYS & METRO RAIL

Delhi CM Greenlights Metro MOU

Delhi Chief Minister has given the nod for the signing of a Memorandum of Understanding (MOU) pertaining to the first three metro corridors under Phase 4 of the metro expansion project. This approval signifies a significant milestone in advancing the capital's urban transportation infrastructure.

The MOU pertains to the initial three metro corridors planned under Phase 4, reflecting the government's commitment to expanding and modernising Delhi's metro network. The corridors are strategically chosen to enhance connectivity, ease commuter travel, and address the increasing transportation demands of the growing population.

With the Chief Minister's approval, the signing of the MOU will pave the way for the commencement of critical infrastructure projects that are pivotal for Delhi's urban transportation system. The metro expansion under Phase 4 is expected to bring about improvements in accessibility, reduce travel time, and contribute to the overall efficiency of the city's public transportation network.

As Delhi progresses in its metro expansion initiatives, the signing of the MOU is a crucial step towards realising the goals set for Phase 4. The development aligns with the city's vision of a robust and well-connected metro system that plays a pivotal role in enhancing the quality of life for residents and addressing the evolving transportation needs of the national capital.

Delhi Chief Minister has given the nod for the signing of a Memorandum of Understanding (MOU) pertaining to the first three metro corridors under Phase 4 of the metro expansion project. This approval signifies a significant milestone in advancing the capital's urban transportation infrastructure. The MOU pertains to the initial three metro corridors planned under Phase 4, reflecting the government's commitment to expanding and modernising Delhi's metro network. The corridors are strategically chosen to enhance connectivity, ease commuter travel, and address the increasing transportation demands of the growing population. With the Chief Minister's approval, the signing of the MOU will pave the way for the commencement of critical infrastructure projects that are pivotal for Delhi's urban transportation system. The metro expansion under Phase 4 is expected to bring about improvements in accessibility, reduce travel time, and contribute to the overall efficiency of the city's public transportation network. As Delhi progresses in its metro expansion initiatives, the signing of the MOU is a crucial step towards realising the goals set for Phase 4. The development aligns with the city's vision of a robust and well-connected metro system that plays a pivotal role in enhancing the quality of life for residents and addressing the evolving transportation needs of the national capital.

Next Story
Real Estate

Rs.50 Mn Budget No Guarantee for Luxury Housing in NCR

Despite a budget of ?50 million , luxury housing in the National Capital Region (NCR) may not be easily attainable as prices continue to soar to new highs. The real estate market in the NCR region is witnessing unprecedented price escalations, making luxury accommodations increasingly out of reach for many prospective buyers.

The surge in prices is attributed to various factors, including increasing land costs, construction expenses, and high demand for premium properties in prime locations. Developers are capitalising on the growing demand for luxury housing, leading to a significant u..

Next Story
Infrastructure Energy

Enfinity Global Inc. secures $135 mn financing with CPP Investments

Enfinity Global Inc. has finalised a $135 million financing agreement with the Canada Pension Plan Investment Board (CPP Investments) for the development and implementation of 1.2 gigawatts (GW) of solar and wind projects spanning five Indian states.

"The projects in this portfolio, spread across five states (Maharashtra, Delhi, Karnataka, Rajasthan and Uttar Pradesh), are in advanced stages of development and are expected to be commissioned between 2025 and 2026," the company said in a statement.

Carlos Domenech, CEO, Enfinity Global, highlighted the significance of renewable ..

Next Story
Infrastructure Transport

Noida Airport to be linked by expressway, rapid rail, and pod taxi

The construction of Noida International Airport, also known as Jewar airport, was in its final stages, and passenger services were expected to begin in October. The airport would be linked by six roads and a rapid rail-cum-metro, in addition to pod taxis.

Upon completion, the Noida airport was projected to be the largest in India and the third in the National Capital Region (NCR) after Delhi airport and Hindon airbase in Ghaziabad.

A 31-km greenfield expressway was being built to connect the airport to the Delhi-Mumbai Expressway at Ballabhgarh.

The National Highway Aut..

Next Story
Infrastructure Transport

Andhra train crash: CRS report implies avoidable accident

Railway safety experts, loco pilot associations, and trade union representatives attributed primary blame for the collision of two trains in the Waltair Division of the East Coast Railway, which resulted in 17 fatalities, to senior railway operating officials. They referred to the October 29, 2023, train accident.

According to the Commissioner of Railway Safety (CRS) report, it was found that three trains had overrun two defective signals before the accident. It was alleged that senior operating officials had overlooked these signals. The collision occurred when Train No. 08504 (VSKP-R..

Next Story
Infrastructure Transport

Railways Calls for Bids for Varanasi Division Projects

Indian Railways has initiated the bidding process for various infrastructure projects in the Varanasi division. These projects aim to enhance rail connectivity and modernise facilities in the region, bolstering local transportation and economic growth.

The projects include the construction of new railway lines, upgrades to existing tracks, and improvements in station infrastructure across Varanasi division. This initiative is part of Indian Railways' ongoing efforts to modernise and expand its network, catering to increasing passenger and freight demands.

The bidding process invi..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram