DMRC, MPMRCL Tie Up For Metro Fare Systems

26 Dec 2025 CW Team

The Delhi Metro Rail Corporation and Madhya Pradesh Metro Rail Corporation Limited have signed a memorandum of understanding to provide a state-of-the-art Automatic Fare Collection system for the Bhopal and Indore Metro projects.

Under the agreement, DMRC will support MPMRCL in the planning, design and implementation of modern AFC systems aimed at ensuring seamless, reliable and passenger-friendly ticketing across both metro networks.

The Indore Metro is an under-construction mass rapid transit system. Phase 1 comprises a single metro corridor, the Yellow Line, spanning 33.53 km and connecting Palasia, Railway Station, Rajwada, Airport, Bhawarsala, MR10 and back to Palasia as a ring line. At present, a 6 km super-priority corridor of the Indore Metro is operational.

The Bhopal Metro is also being developed as a mass rapid transit system, with Phase 1 consisting of two metro corridors. The project is being implemented by MPMRCL. Recently, Union Minister Manohar Lal and Chief Minister Mohan Yadav flagged off services on the priority corridor of the Bhopal Metro, which forms part of Line-2.

The priority corridor stretches 6.225 km from AIIMS to Subhash Nagar and features eight elevated stations. Once fully operational, the Bhopal Metro Phase 1 will include two corridors: Line-2 (Orange Line) from Karond Circle to AIIMS, spanning 14.99 km with 16 stations, and Line-5 (Blue Line) from Bhadbhada Square to Ratnagiri Tiraha, covering 12.91 km with 14 stations.

Officials said the AFC collaboration will help standardise fare collection, improve commuter convenience and support the smooth scaling up of metro operations in both cities.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..