Lucknow Metro east-west corridor cost rises to Rs 42.65 bn

19 Sep 2022 CW Team

The proposed east-west corridor of the Lucknow Metro Rail project is estimated to cost Rs 42.65 billion and be completed in five years.

The second phase of the city’s metro rail project will connect the densely populated and congested old areas of the city with Lucknow’s main railway station in the Charbagh area.

The 23-km north-south corridor of the mass rapid transport system (MRTS) in Lucknow is already operational. The east-west corridor will stretch 11 km.

According to the Uttar Pradesh Metro Rail Corporation (UPMRC), the cost of the east-west corridor has escalated from Rs 37.86 billion estimated in the detailed project report in February 2019 to Rs 42.65 billion on account of inflation.

“The rise in cost is in sync with the current inflation rate as per government guidelines,” a UPMRC spokesperson said, adding the revised DPR has been submitted to the Uttar Pradesh government for approval.

The operational north-south corridor of Lucknow Metro had cost about Rs 68.80 billion. It was partly funded by debt and equity. Funds for the flagship projects were also raised from multilateral financial entities including the European Investment Bank.

Of the total length of the east-west corridor from Charbagh to Vasant Kunj, the span of the elevated and underground track would be about 4.2 km and 6.8 km respectively. The total 12 metro stations on the corridor will include seven underground and five elevated stations.

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..