DMRC to get first 'Make in India' driverless metro trainset

26 Sep 2024 CW Team

The Delhi Metro Rail Corporation (DMRC) got the first metropolis metro trainset integrated with driverless technology, as part of its maiden project outsourced to an original equipment manufacturer (OEM), an official statement said. DMRC Managing Director Vikas Kumar said, "Today is a historic occasion for the Delhi Metro family as we take another major step towards operationalising the Phase 4 corridors." The first set of trains for this new phase of expansion is being dispatched from Andhra Pradesh's Sri City, and we are looking forward to a new era of enhanced convenience and eco-friendly travel for our passengers, Kumar added. Under the 'Make in India' initiative, the metropolis trains are being designed in India at Alstom's facility in Sri City and are integrated with Grade of Automation (GOA) 4 driverless technology, the statement said. The trainsets are designed to operate at a safe speed of up to 95 kmph and an operational speed of up to 85 kmph and will serve three lines of the Delhi Metro, including two extensions and the new Gold Line 10, covering 64.67 km in total, it added. This project, valued at 312 million euros, includes 15 years of maintenance, making it the first such outsourcing by the DMRC to an OEM, the statement said. Alstom Managing Director Olivier Loison said the metro train sets would play a pivotal role in improving the quality of life for citizens and driving the city's development. "We are proud to continue our long-standing partnership with the Delhi Metro Rail Corporation, marking yet another key milestone in our journey of collaboration," Loison said. "We are committed to creating sustainable, future-proof solutions that stand the test of time, and are honoured to contribute to this transformative project," he added. According to the statement, this order was awarded in November 2022 as part of a major step towards operationalising the Phase 4 corridors, and it aims to deliver 52 train sets, each comprising six cars.

Real Estate

17 Sep 2025

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..