Rapid Metro Gurgaon report total revenue surge by 10.49%
RAILWAYS & METRO RAIL

Rapid Metro Gurgaon report total revenue surge by 10.49%

Rapid Metro Rail Gurgaon Limited (RMGL) and Rapid MetroRail Gurgaon South Limited (RMGSL) have announced significant increases in both ridership and revenue for the first quarter of the 2024-25 financial year. Haryana Chief Secretary TVS N Prasad highlighted these developments during the Haryana Mass Rapid Transport Corporation Limited Board meeting. For the April to June 2024 period, total revenue surged by 10.49% year-over-year, reaching Rs 81.1 million. This boost is attributed to an 8.75% rise in ridership. Passenger numbers for the Rapid Metro network were 1.22 million in April, 1.348 million in May, and 1.23 million in June 2024. Prasad also discussed upcoming projects, including a new metro link connecting Sector 56 in Gurugram to Panchgaon. This 36-kilometer extension will feature 28 elevated stations. RITES Ltd has finalized the route and transportation system plans, with the Detailed Project Report (DPR) expected by August 31, 2024. This extension aims to improve connectivity and reduce congestion in the Gurugram area. Regarding the Ballabgarh to Palwal extension, the state government is accelerating the project. RITES Ltd has submitted a draft feasibility report, with the final report due in September 2024. Updates on other extensions: - Bahadurgarh to Asaudah: RITES Ltd is conducting a ridership assessment for this metro connectivity project, with the report expected by August 2024. - Faridabad to Gurugram: A feasibility study for metro connectivity involving a double-decker viaduct, in collaboration with the National Highways Authority of India (NHAI), is under review. - Chandigarh Tricity Comprehensive Mobility Plan: The plan for enhancing urban mobility in Chandigarh, Panchkula, and Mohali has been approved. The Unified Metropolitan Transport Authority (UMTA) will oversee its implementation, and RITES Ltd is preparing the detailed project reports. - New Delhi to AIIMS and NCI Badsa: RITES Ltd is assessing ridership for the metro project linking New Delhi to AIIMS and NCI Badsa in District Jhajjar. The 61 km route from HUDA City Centre to AIIMS, with an extension to NCI Badsa, will see its final ridership assessment report by September 30, 2024. (TOI)

Rapid Metro Rail Gurgaon Limited (RMGL) and Rapid MetroRail Gurgaon South Limited (RMGSL) have announced significant increases in both ridership and revenue for the first quarter of the 2024-25 financial year. Haryana Chief Secretary TVS N Prasad highlighted these developments during the Haryana Mass Rapid Transport Corporation Limited Board meeting. For the April to June 2024 period, total revenue surged by 10.49% year-over-year, reaching Rs 81.1 million. This boost is attributed to an 8.75% rise in ridership. Passenger numbers for the Rapid Metro network were 1.22 million in April, 1.348 million in May, and 1.23 million in June 2024. Prasad also discussed upcoming projects, including a new metro link connecting Sector 56 in Gurugram to Panchgaon. This 36-kilometer extension will feature 28 elevated stations. RITES Ltd has finalized the route and transportation system plans, with the Detailed Project Report (DPR) expected by August 31, 2024. This extension aims to improve connectivity and reduce congestion in the Gurugram area. Regarding the Ballabgarh to Palwal extension, the state government is accelerating the project. RITES Ltd has submitted a draft feasibility report, with the final report due in September 2024. Updates on other extensions: - Bahadurgarh to Asaudah: RITES Ltd is conducting a ridership assessment for this metro connectivity project, with the report expected by August 2024. - Faridabad to Gurugram: A feasibility study for metro connectivity involving a double-decker viaduct, in collaboration with the National Highways Authority of India (NHAI), is under review. - Chandigarh Tricity Comprehensive Mobility Plan: The plan for enhancing urban mobility in Chandigarh, Panchkula, and Mohali has been approved. The Unified Metropolitan Transport Authority (UMTA) will oversee its implementation, and RITES Ltd is preparing the detailed project reports. - New Delhi to AIIMS and NCI Badsa: RITES Ltd is assessing ridership for the metro project linking New Delhi to AIIMS and NCI Badsa in District Jhajjar. The 61 km route from HUDA City Centre to AIIMS, with an extension to NCI Badsa, will see its final ridership assessment report by September 30, 2024. (TOI)

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?