Metro Expansion on Hold Due to Funding Delay

16 May 2024 CW Team

"The expansion of the Nagpur Metro is currently on hold as the project awaits funds for widening the Nag River stretch. This delay has impeded progress on the metro project's extension, affecting plans for improving connectivity and transportation in Nagpur.

The widening of the Nag River stretch is a crucial component of the Nagpur Metro expansion project, aimed at enhancing the metro's reach and accessibility to various parts of the city. However, the lack of funding has stalled efforts to advance construction activities along this critical stretch.

Authorities overseeing the Nagpur Metro project have been awaiting the release of funds to commence work on widening the Nag River stretch. The delay in funding disbursement has hindered the project's timeline, causing frustration among stakeholders and residents eagerly anticipating the metro's expansion.

The Nagpur Metro holds immense potential for transforming the city's transportation landscape, offering a modern and efficient mode of travel for commuters. However, the current funding delay poses challenges to the timely completion of the metro expansion, impacting the realization of its benefits for Nagpur residents.

Efforts are underway to expedite the release of funds and address the funding gap for the Nagpur Metro's Nag River stretch widening. Authorities are actively engaged in discussions and negotiations to secure the necessary financial support to resume construction activities and propel the metro project forward.

As stakeholders work towards resolving the funding issue, residents remain hopeful for a swift resolution that will enable the Nagpur Metro expansion to progress smoothly and contribute to the city's development and growth. "

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..