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)

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App