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
Infrastructure Urban

KEI Industries Faces Rs 80 Mn Daily Loss Amid Wage Dispute

KEI Industries Limited, one of India's prominent manufacturers of wires and cables, is encountering significant financial challenges, with reported losses amounting to Rs 8 crore per day. The company's operations have been severely impacted by a wage dispute, exacerbating its financial woes amidst broader economic pressures. The wage row has led to disruptions in KEI Industries' production and operational efficiency, affecting its ability to meet market demands and maintain profitability. This situation underscores the critical nature of resolving labour disputes swiftly to mitigate adverse i..

Next Story
Infrastructure Urban

Hyderabad Aims for World-Class Status

Telangana Chief Minister K Chandrasekhar Rao emphasized the state government's commitment to developing Hyderabad into one of the world's best cities. During a recent event, Rao highlighted several key initiatives aimed at enhancing the city's infrastructure, urban planning, and overall quality of life. He noted that the government's comprehensive approach includes substantial investments in various sectors to ensure sustainable growth and development. Rao detailed plans for significant improvements in transportation, including the expansion of metro rail services, upgrading road networks, an..

Next Story
Infrastructure Urban

Ferrari's First Electric Car Debuts

Ferrari is set to launch its first fully electric vehicle (EV), with a price tag exceeding $500,000, as reported by industry sources. This move marks Ferrari's entry into the electric vehicle market, aligning with the global shift towards sustainable mobility and reducing carbon emissions. Ferrari, electric vehicle, $500,000, sustainable mobility, carbon emissions. The new electric Ferrari, expected to debut in 2025, promises to uphold the brand's legacy of high performance and luxury. The vehicle will feature advanced technology, ensuring it delivers the iconic Ferrari driving experience desp..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000

Join us Telegram