+
Namma Metro to Get Rs 17.17 Billion from Budget, Majority for Phase 3
RAILWAYS & METRO RAIL

Namma Metro to Get Rs 17.17 Billion from Budget, Majority for Phase 3

Bengaluru’s Namma Metro is set to receive Rs 17.17 billion from the Union Budget 2025-26, with nearly 70% of the funds allocated for Phase 3, which has secured all necessary approvals. This is a significant reduction from the Rs 48.14 billion granted in 2024-25. 

Meanwhile, the Bengaluru Suburban Railway Project (BSRP) has been allocated Rs 3.5 billion, the same as the previous year, despite expectations for higher funding to support the procurement of 306 coaches for the 149-km project. Karnataka had sought Rs 42.7 billion for the coaches, with a 50% contribution from Indian Railways. 

The cost of Phase 2 of Namma Metro has risen to Rs 406.14 billion due to construction delays and additional requirements. The Karnataka government has committed to covering most of the Rs 99.19 billion cost escalation. 

In addition, the budget has earmarked Rs 40 billion for the PM E-DRIVE scheme, under which Karnataka has requested 5,000 electric buses for Bengaluru. 

(Deccan Herald)   

Bengaluru’s Namma Metro is set to receive Rs 17.17 billion from the Union Budget 2025-26, with nearly 70% of the funds allocated for Phase 3, which has secured all necessary approvals. This is a significant reduction from the Rs 48.14 billion granted in 2024-25. Meanwhile, the Bengaluru Suburban Railway Project (BSRP) has been allocated Rs 3.5 billion, the same as the previous year, despite expectations for higher funding to support the procurement of 306 coaches for the 149-km project. Karnataka had sought Rs 42.7 billion for the coaches, with a 50% contribution from Indian Railways. The cost of Phase 2 of Namma Metro has risen to Rs 406.14 billion due to construction delays and additional requirements. The Karnataka government has committed to covering most of the Rs 99.19 billion cost escalation. In addition, the budget has earmarked Rs 40 billion for the PM E-DRIVE scheme, under which Karnataka has requested 5,000 electric buses for Bengaluru. (Deccan Herald)   

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code