Rs 6,000 Crore Investment in New Bhopal Corridors

Gurugram Metro speeds up with ₹135 Cr tender

In a bid to fast-track the ambitious Gurugram Metro project, the Gurugram Metro Rail Limited (GMRL) has initiated a tender process worth nearly ₹135 crore to appoint a general consultant. This consultant will play a pivotal role in overseeing procurement, construction management, testing, and commissioning aspects of the entire metro endeavor.

This significant move comes as GMRL aims to overcome constraints posed by the ongoing Lok Sabha elections. Seeking to ensure timely execution, GMRL had obtained clearance from the Election Commission of India (ECI) prior to floating the tender..

Five Sundargarh Stations to Transform

In a significant move to enhance railway infrastructure, five stations in Odisha's Sundargarh district are set for a comprehensive upgrade to world-class standards. This initiative is part of the broader Amrit Bharat Station Scheme aimed at modernising railway stations across India.

Railway Minister Ashwini Vaishnaw announced that these upgrades would transform the stations with state-of-the-art facilities, ensuring a better travel experience. The project is part of the Indian Railways' larger goal to modernise 1,275 stations nationwide, with a specific focus on enhancing passenger am..

CONCOR Opts for Existing Lease Regime

The Container Corporation of India Ltd (CONCOR) has chosen to maintain its current land lease agreements with Indian Railways, foregoing the newly introduced liberal licensing policy. This policy, approved by the Union Cabinet, offers reduced lease charges of 1.5% of the land's market value compared to the existing 6% with annual escalation.

Switching to the new regime would require CONCOR to bid for the 26 terminals it operates on railway land. Despite having the right of first refusal if they are not the highest bidder, this introduces potential competition and uncertainties. Chairma..