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 Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..