PIB approves Surat Metro Rail Project
PORTS & SHIPPING

PIB approves Surat Metro Rail Project

In order to enhance the public transport for the Diamond City, the Public Investment Board (PIB) has approved the Surat Metro Rail project at a cost of Rs 121.14 billion, with two corridors of 40 km length from Sarthana to Dream City & Bhesan to Saroli in the first phase.

The proposed project is reportedly sent to the finance department and the Union cabinet for final approval as a formality. Once an approval is received, work is likely to start soon. The project will be reportedly completed by 2021-22 from the day work starts.

Including underground stations, Surat Metro project is expected to have 38 stations, of which the Surat Municipal Corporation (SMC) plans to construct five elevated stations at a cost of Rs 1.11 billion on public-private-partnership (PPP) model.

That said, the Dream City company would construct a station at the cost of Rs 312 million. The other station to be developed on PPP model include Rupali Canal, Althan Tenement, Aquarium and Athwa Chowpaty.

The metro project is expected to reduce the load of traffic. The route from Sarthan to Dream City is expected to provide a seamless transport to hundreds of diamond workers living in Varachha and Katargam to Surat Diamond Bourse, while the second route, from Saroli to Bhesan, will provide an alternative means of transport to a large working-class population who travel between west zone and Udhna.


In order to enhance the public transport for the Diamond City, the Public Investment Board (PIB) has approved the Surat Metro Rail project at a cost of Rs 121.14 billion, with two corridors of 40 km length from Sarthana to Dream City & Bhesan to Saroli in the first phase.The proposed project is reportedly sent to the finance department and the Union cabinet for final approval as a formality. Once an approval is received, work is likely to start soon. The project will be reportedly completed by 2021-22 from the day work starts.Including underground stations, Surat Metro project is expected to have 38 stations, of which the Surat Municipal Corporation (SMC) plans to construct five elevated stations at a cost of Rs 1.11 billion on public-private-partnership (PPP) model.That said, the Dream City company would construct a station at the cost of Rs 312 million. The other station to be developed on PPP model include Rupali Canal, Althan Tenement, Aquarium and Athwa Chowpaty.The metro project is expected to reduce the load of traffic. The route from Sarthan to Dream City is expected to provide a seamless transport to hundreds of diamond workers living in Varachha and Katargam to Surat Diamond Bourse, while the second route, from Saroli to Bhesan, will provide an alternative means of transport to a large working-class population who travel between west zone and Udhna.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement