KMRL Gets Nod To Seek Rs 10,160 Million Loan For Kochi Metro Phase Two

17 Feb 2026 CW Team

Kochi Metro Rail Limited (KMRL) has received approval to seek a loan of Rs 10,160 million to fund Kochi Metro phase two. The approval allows KMRL to initiate formal funding applications and explore financing options for the next stage of the metro project. The amount corresponds to 10,160 million (10,160 mn) and will be referenced subsequently using the abbreviation mn for million.

KMRL will allocate the funds to core components of phase two, including civil works, systems integration, station construction and procurement of rolling stock where required. The financing is intended to cover capital expenditure and ancillary costs such as land acquisition, design work and project management, subject to the terms agreed with lenders. Project officials will manage disbursements in phases to align with construction milestones and contractual obligations.

The company will proceed to engage potential lenders, prepare detailed project reports and comply with statutory clearances and financial due diligence procedures. Commercial and multilateral banks, as well as infrastructure financiers, may be approached to assess lending terms, covenants and tenor in keeping with usual practice for urban transport projects. Any loan agreements will be negotiated to balance cost of funds with the need to maintain fiscal prudence for the entity and relevant authorities.

Completion of phase two is expected to enhance urban connectivity and support public transport capacity in the Kochi metropolitan area, improving access for commuters and reducing congestion on arterial roads. The financing step is a critical milestone in advancing construction and operational readiness for the extended corridor. KMRL will continue to brief stakeholders on progress and timelines as the funding process moves forward. Regular updates will be provided to stakeholders.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..