Delhi metro submits revised DPR for second corridor

07 Sep 2022 CW Team

The Delhi Metro Rail Corporation has submitted a revised detailed project report for the Lucknow Metro's second corridor. The DPR is expected to be submitted to the Uttar Pradesh government for approval and further clearance for the centre. The 11.8 km long stretch with 12 stations, seven of which are underground, is expected to provide significant relief to local residents while also easing vehicular traffic movement. The revised DPR has hiked the total cost of the project by Rs 10 billion due to the price hike of raw materials such as steel, iron, cement, transportation and other miscellaneous. The total cost of the project has been estimated to be Rs 58 billion which will be funded 50 per cent by central and state governments on a 60:40 ratio, while the remaining 50 per cent would be borrowed likely from European Investment Bank (EIB), who earlier in the April month had reportedly expressed their desire to fund metro projects in the state.

Also read:
New rail in Jharkhand to add 125 MT coal evacuation capacity
PM inaugurates various projects in Kerala

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..