Tamil Nadu Urges Rs.630 Bn Allocation for CMRL Phase II in Budget 2024

28 Jun 2024 CW Team

Tamil Nadu has petitioned the Finance Ministry to allocate ?630 billion in Budget 2024 for Chennai Metro Rail Limited's (CMRL) Phase II expansion. The proposed funding aims to accelerate the development of crucial metro infrastructure in Chennai, addressing urban transit needs and fostering sustainable growth.

CMRL's Phase II project involves the extension of metro lines and the construction of additional stations to enhance connectivity across Chennai metropolitan area. The allocation sought is intended to cover costs associated with civil construction, procurement of rolling stock, and installation of essential metro infrastructure.

The funding request underscores Tamil Nadu's commitment to modernising urban transportation and promoting eco-friendly mobility solutions. Chennai Metro, a vital component of the city's public transit system, is expected to significantly reduce traffic congestion and air pollution while improving travel efficiency for residents and commuters.

The Finance Ministry's decision on the proposed allocation will play a crucial role in determining the timeline and scope of Chennai Metro's Phase II expansion. Stakeholders anticipate positive socio-economic impacts, including job creation, enhanced connectivity, and improved quality of life for Chennai's residents.

As discussions continue, Tamil Nadu remains optimistic about securing necessary budgetary support to expedite CMRL's Phase II implementation. The metro expansion project is poised to contribute to sustainable urban development goals and reinforce Chennai's position as a hub of efficient public transportation in India.

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..