ELCITA proposes Bengaluru’s first Metro Neo network

20 Apr 2022 CW Team

The Electronics City Industrial Township Authority (ELCITA) has proposed Bengaluru’s first Metro Neo network, a 5 km network connecting tech companies with two upcoming stations on the Yellow Line of the Bengaluru Metro.

According to officials, a trolleybus system with overhead electric traction, the Metro Neo network in Bengaluru is likely to be called Tech Halli Express.

An ELCITA official told the media that the Metro Neo network is now planned to have a 5 km network in the first phase with 10 stations — Infosys Foundation, Konappana Agrahara Station, Timken, Velankani, 3M India, Phase-3, Wipro, Infosys, Electronics, Interflex, Happiest Minds, Electronics City Metro Station.

The official said that the Metro Neo service consists of electric bus coaches of lengths ranging from 18 to 25 metres with a carrying capacity of 250 passengers at a time. These buses will have rubber tyres, draw power from an overhead electric wire similar to railways or trams, and would have elevated roads.

According to officials, Metro Neo coaches will be smaller and lighter than conventional Metro trains. They will be fully air-conditioned and equipped with an automatic door-closing system, comfortable seats, an announcement system, level boarding, and an information system with an electronic display.

A detailed project report (DPR) on the proposal will be prepared within six months.

In the Union budget, the Centre had last year made a sizeable budgetary allocation for Metro Neo, which is considered to be a low-cost urban rail transit system strived at cities with less than 10 lakh population.

The Centre had also asked all state governments to consider using Metro Neo technology in their tier-2 and tier-3 cities. Nashik in Maharashtra is the first city in India to get a Metro Neo network.

Image Source

Also read: Budget 2022: Centre allocates Rs 19,130 cr for metro projects

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..