Union Budget 2026 Boosts Metro Rail Projects Nationwide

05 Feb 2026 CW Team

Budgetary support for India’s metro rail sector has risen sharply, with the Union Budget 2026 allocating Rs 287,400 million for metro and mass rapid transit projects across the country. The enhanced allocation underscores the government’s focus on strengthening urban mobility infrastructure.

Lucknow Metro Gets Rs 14,500 Million Boost

The Union Budget 2026 has recently provided a major push to the Lucknow Metro Phase 1B project with an allocation of Rs 14,500 million. Phase 1B comprises a single metro corridor spanning 11.165 km from Lucknow Railway Station (Charbagh) to Vasant Kunj, covering 12 stations. Of these, five stations will be elevated, while seven will be underground. The Union Cabinet had approved the Phase 1B project on 12 August at an estimated cost of Rs 58,010 million.

Pune Metro Gets Rs 5,170 Million Allocation

The Budget has also earmarked around Rs 5,170 million for the Pune Metro project. However, Maha-Metro is yet to receive a detailed break-up of the allocation. Officials stated that a clear execution roadmap will be finalised once the funding specifics are communicated."

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..