Rs 8.39 Bn Allocation Boosts Pune's Nigdi-Katraj Metro Plans
RAILWAYS & METRO RAIL

Rs 8.39 Bn Allocation Boosts Pune's Nigdi-Katraj Metro Plans

Pune’s metro connectivity is set for significant growth, with the Maharashtra government allocating Rs 8.38 billion for the 2025-26 fiscal year. This funding will primarily support the on-going and planned extensions of the metro network, including the PCMC-Nigdi and Swargate-Katraj routes, as well as completing the remaining sections of phase-1.

The allocation, which includes contributions from the Union government, will be used for the completion of key extensions and phase-1 routes. Funds will be disbursed based on project progress and needs, ensuring that metro work across Pune and Pimpri-Chinchwad remains on schedule and free from financial delays. The opening of the PCMC-Swargate and Vanaz-Ramwadi metro routes in October 2024 marked a significant milestone, while construction continues at Khadki and Range Hills stations.

Work has already begun on the Pimpri-Nigdi extension, with the Swargate-Katraj underground metro route set to commence within the next two to three months. These critical projects will expand metro coverage to more areas across both cities, with the Pimpri-Nigdi stretch expected to be completed in approximately two and a half years.

In January 2025, the daily ridership on the fully operational metro routes reached 1.60 lakh, connecting Pune and Pimpri-Chinchwad’s east-west and north-south areas. However, there is growing demand for improved last-mile connectivity, and Maha Metro is prioritizing enhancements in this area. Additionally, studies on new proposed routes are being expedited.

The Centre has also allocated Rs 2.30 billion for the Mula-Mutha pollution abatement project, which includes a loan of Rs 9.90 billion from the Japan International Cooperation Agency. The Pune Municipal Corporation (PMC) has secured nearly Rs 3 billion for sewage treatment plants (STPs), with plans to sanction ten STPs by December. Despite 2024 delays, PMC officials are confident that funding will help meet infrastructure goals in the near future.

News source: newsonprojects.com

Pune’s metro connectivity is set for significant growth, with the Maharashtra government allocating Rs 8.38 billion for the 2025-26 fiscal year. This funding will primarily support the on-going and planned extensions of the metro network, including the PCMC-Nigdi and Swargate-Katraj routes, as well as completing the remaining sections of phase-1. The allocation, which includes contributions from the Union government, will be used for the completion of key extensions and phase-1 routes. Funds will be disbursed based on project progress and needs, ensuring that metro work across Pune and Pimpri-Chinchwad remains on schedule and free from financial delays. The opening of the PCMC-Swargate and Vanaz-Ramwadi metro routes in October 2024 marked a significant milestone, while construction continues at Khadki and Range Hills stations. Work has already begun on the Pimpri-Nigdi extension, with the Swargate-Katraj underground metro route set to commence within the next two to three months. These critical projects will expand metro coverage to more areas across both cities, with the Pimpri-Nigdi stretch expected to be completed in approximately two and a half years. In January 2025, the daily ridership on the fully operational metro routes reached 1.60 lakh, connecting Pune and Pimpri-Chinchwad’s east-west and north-south areas. However, there is growing demand for improved last-mile connectivity, and Maha Metro is prioritizing enhancements in this area. Additionally, studies on new proposed routes are being expedited. The Centre has also allocated Rs 2.30 billion for the Mula-Mutha pollution abatement project, which includes a loan of Rs 9.90 billion from the Japan International Cooperation Agency. The Pune Municipal Corporation (PMC) has secured nearly Rs 3 billion for sewage treatment plants (STPs), with plans to sanction ten STPs by December. Despite 2024 delays, PMC officials are confident that funding will help meet infrastructure goals in the near future. News source: newsonprojects.com

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement