
Electric boats worth Rs 747 cr given by CSL to Kochi Metro Rail

Trial Run Begins For India’s First Urban Ropeway In Varanasi
India’s first urban public transport ropeway began its trial run on Thursday in Varanasi, Uttar Pradesh, marking a major milestone in the nation’s urban mobility landscape.According to Varanasi Development Authority Vice President Pulkit Garg, the 3.8-kilometre corridor will feature five stations, each equipped with spacious waiting areas and passenger-friendly facilities. Designed as eco-friendly infrastructure, the project aims to offer a sustainable and efficient alternative to road transport.Built at a total cost of Rs 8.15 billion, which includes 15 years of operation and maintenance,..

ADB Approves $190 Million Loan For Indore Metro Project
The Asian Development Bank (ADB) has approved a $190 million loan to support the development of the Indore Metro Rail Project, marking another major step in strengthening urban transport infrastructure in Madhya Pradesh.Phase 1 of the Indore Metro features a single corridor, the Yellow Line, stretching 33.53 kilometres and connecting Palasia, Railway Station, Rajwara, Airport, Bhawarsala, MR10, and back to Palasia in a loop.The newly approved loan will finance the construction of an 8.62-kilometre underground section with seven stations, linking some of Indore’s most congested zones to the c..

ADB Approves Final $299 Million Loan For Delhi–Meerut RRTS
The Delhi–Meerut Regional Rapid Transit System (RRTS) project has achieved a key milestone with the Asian Development Bank (ADB) approving a $299 million loan as the final tranche of its Multi-Tranche Financing Facility (MFF) on 30 September. This marks the completion of ADB’s four-tranche financing for the ambitious high-speed regional transport corridor.The Delhi–Meerut RRTS project, with an estimated total cost of Rs 286.3 billion (around $3.5 billion), is being implemented through a multi-layered funding framework combining international financial institutions and contributions from ..