DMRC Inks MoU for Bhubaneswar Metro Expansion

22 Nov 2023 CW Team

In a landmark development, the Delhi Metro Rail Corporation (DMRC) has formalised a Memorandum of Understanding (MoU) with the state of Odisha to usher in the era of metro rail in Bhubaneswar. This collaborative effort signals a significant step toward enhancing the public transportation infrastructure in the capital city, promising a transformative impact over the next four years.

The MoU outlines a strategic partnership between DMRC and Odisha, focusing on the planned expansion of the metro rail network in Bhubaneswar. With a shared vision for modernising urban transportation, this initiative is poised to bring about positive changes in the city's connectivity, ease of commute, and overall urban development.

The four-year timeline set for the project underscores a commitment to expeditious and efficient implementation. The collaboration between DMRC, known for its expertise in metro rail systems, and Odisha, reflects a concerted effort to leverage specialised knowledge and resources for the successful realisation of this ambitious undertaking.

As Bhubaneswar prepares to embrace the metro era, this partnership holds the potential to redefine the city's landscape, offering residents and visitors a more sustainable, efficient, and accessible mode of transportation. The DMRC's role in this venture further solidifies its position as a key player in advancing metro rail networks across India.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..