Rs 7100 million allocated for Bhopal & Indore metro rail projects

06 Mar 2023 CW Team

A total of Rs 7100 million has been allocated in the MP state budget for the metro rail projects in Bhopal and Indore. An under-construction priority corridor exists between the two cities. The two projects have yet to use any outside cash. The state administration has set September 2023 as the starting date for the priority corridor of the large-scale metro projects.

Metro train service between Indore and Bhopal will shortly begin to operate. We anticipate that the primary corridor will be executed in the year 2023-2024, according to Finance Minister Jadgish Devda. An official of Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) had earlier in October stated that the first tranche of a $250 million loan out of a total of $400 million from the European Investment Bank (EIB) is anticipated to be released in the first quarter of 2023, after the EIB team had visited Bhopal.

The Bhopal Metro project's first phase will include 28 stations and 2 lines. The Bhopal metro project is anticipated to be completed with the help of three major packages. The first significant loan amount from the EIB would be necessary. The Indore Metro's foreign funding source is ADB. The MP and EU governments each own 20% of the project equity, while the remaining 60% will be funded by a soft loan from the EIB.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..