NMRC approves over Rs 200 cr budget for metro project

03 May 2022 CW Team

The Noida Metro Rail Corporation (NMRC) approved a Rs 287.62 crore budget for FY 2022-2023 and gave passed an order for an internal audit report.

With this approval and allocation of the budget, the construction of flyovers will facilitate passengers movement between Noida-Greater Noida and the Metro lines was taken.

In the 31st board meeting, two new foot-over-bridge (FOB) were to be built between Sector 51 Aqua Line and Sector 52 Blue metro line. A new metro route between Sector 51 in Noida to Knowledge Park-5 in Greater Noida West was taken.

Managing Director of NMRC and CEO of Noida Authority, Ritu Maheshwari, said that the Board discussed expediting the approval of the detailed project report (DPR) from Aqua Line Sector 51 in Noida to Knowledge Park V in Greater Noida by May 2022 for ease of commuters and ridership enhancement.

Maheshwari added that the NMRC Board was also informed that the FOB between Sector 51 and 52 metro stations would be developed by the Noida Authority and estimated to complete in a year.

Currently, the Aqua Line has a daily average ridership of 16,065 passengers, which declined during the Covid-19 pandemic.

Image Source

Also read: Noida metro Aqua Line extension receives bids from three firms

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..