+
Namma Metro to float tender for prefix rights
RAILWAYS & METRO RAIL

Namma Metro to float tender for prefix rights

Namma Metro is gearing up to introduce a new concept termed 'semi-naming rights', allowing sponsors to have their organisation's name as a prefix to existing metro stations. Previously, this opportunity was only available for upcoming stations. The Bangalore Metro Rail Corporation Limited (BMRCL) will initiate the process of inviting tenders for these semi-naming rights after obtaining approval from the BMRCL board and the state government.

Under the 'Naming Rights' policy sanctioned by the government, organisations contributing Rs 650 million towards any station on upcoming metro lines are entitled to have their name as a prefix to the station. This move aims to mobilise private funding for metro projects, easing the financial burden on the government. Similar policies are also in place in cities like Delhi and Mumbai.

Previous instances include the Electronic City station on the Yellow Line, which will feature the prefix 'Infosys' after the company contributed Rs 1 billion towards its construction and maintenance in 2018. Similarly, the Sampige Road Station already bears the prefix 'Mantri Mall'. While some commuters see this as a mutually beneficial arrangement, others argue against private corporations influencing the naming of public transport stations.

There have been instances of contention, such as the disagreement over naming the Hebbagodi metro station 'Biocon Hebbagodi', despite Biocon Group's significant contribution of Rs 650 million towards its construction. Concerns have also been raised regarding delays and uncertainty at the Bettahalasur Metro Station due to funding issues with the Embassy Group, emphasising the need for clear guidelines and accountability in such naming policies.

(Source: ET Infra)

Namma Metro is gearing up to introduce a new concept termed 'semi-naming rights', allowing sponsors to have their organisation's name as a prefix to existing metro stations. Previously, this opportunity was only available for upcoming stations. The Bangalore Metro Rail Corporation Limited (BMRCL) will initiate the process of inviting tenders for these semi-naming rights after obtaining approval from the BMRCL board and the state government. Under the 'Naming Rights' policy sanctioned by the government, organisations contributing Rs 650 million towards any station on upcoming metro lines are entitled to have their name as a prefix to the station. This move aims to mobilise private funding for metro projects, easing the financial burden on the government. Similar policies are also in place in cities like Delhi and Mumbai. Previous instances include the Electronic City station on the Yellow Line, which will feature the prefix 'Infosys' after the company contributed Rs 1 billion towards its construction and maintenance in 2018. Similarly, the Sampige Road Station already bears the prefix 'Mantri Mall'. While some commuters see this as a mutually beneficial arrangement, others argue against private corporations influencing the naming of public transport stations. There have been instances of contention, such as the disagreement over naming the Hebbagodi metro station 'Biocon Hebbagodi', despite Biocon Group's significant contribution of Rs 650 million towards its construction. Concerns have also been raised regarding delays and uncertainty at the Bettahalasur Metro Station due to funding issues with the Embassy Group, emphasising the need for clear guidelines and accountability in such naming policies. (Source: ET Infra)

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code