Tricity Metro Construction to Begin March 2024
RAILWAYS & METRO RAIL

Tricity Metro Construction to Begin March 2024

The Rail India Technical and Economic Services (RITES) has announced that construction of the Metro system in the Tricity region, encompassing Chandigarh, Panchkula, and Mohali, will start in March of the coming year. The agency is working to complete the alternative analysis report (AAR) and detailed project report (DPR) by December. Once these reports are received, the Chandigarh administration will seek government approval for the project, which is estimated to cost approximately Rs 105.70 billion. The project will be funded with contributions from states and the central government, along with a 60% loan from a lending agency.

The Metro project is set to address long-standing traffic congestion issues in the area, with the first phase covering 77 km in total, spanning Chandigarh, Panchkula, and Mohali/New Chandigarh. Phase-I is scheduled to be developed from 2027 to 2037, offering relief to the region's transportation challenges.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Rail India Technical and Economic Services (RITES) has announced that construction of the Metro system in the Tricity region, encompassing Chandigarh, Panchkula, and Mohali, will start in March of the coming year. The agency is working to complete the alternative analysis report (AAR) and detailed project report (DPR) by December. Once these reports are received, the Chandigarh administration will seek government approval for the project, which is estimated to cost approximately Rs 105.70 billion. The project will be funded with contributions from states and the central government, along with a 60% loan from a lending agency. The Metro project is set to address long-standing traffic congestion issues in the area, with the first phase covering 77 km in total, spanning Chandigarh, Panchkula, and Mohali/New Chandigarh. Phase-I is scheduled to be developed from 2027 to 2037, offering relief to the region's transportation challenges.

Next Story
Infrastructure Energy

Orb Energy Achieves Rs 3 Bn Milestone in Solar Financing Success

Orb Energy, a vertically integrated solar energy solutions provider, has achieved a significant milestone by surpassing Rs 3 billion in financing disbursements through its in-house finance facility that requires no collateral or down payment. This accomplishment underscores its dedication to supporting small and medium enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India in transitioning to cost-effective solar energy solutions. The company has installed approximately 350 MW of solar photovoltaic systems nationwide, with a strong foothold in southern and western India...

Next Story
Infrastructure Energy

90% Defaulters Yet to Settle Rs 3.17 Bn Power Dues in Noida

Out of a total of 1.31 lakh defaulters in Noida, only 13,500 consumers availed of the one-time settlement (OTS) scheme during its first phase. The Uttar Pradesh Power Corporation (UPPCL) launched the scheme in three phases, from December 15, 2024, to January 31, 2025. These consumers cleared dues amounting to Rs 300.40 million out of a total Rs 3.47 billion owed. Officials emphasized that stricter enforcement of the scheme would be implemented in the coming phases. During a recent weekend meeting with the technical team of the power department, the Noida zone's chief engineer instructed that..

Next Story
Infrastructure Energy

NER Invites Bids for 10 MW Rooftop Solar Projects in Uttar Pradesh

The Varanasi division (electrical) of Northeastern Railway has recently issued four tenders for a total of 10.4 MW on-grid rooftop solar systems to be installed at various buildings in Gorakhpur, Uttar Pradesh. The tenders include different project capacities, with submission deadlines set between January 31 and February 3, 2025. Bidders are required to submit earnest money deposits (EMDs) ranging from Rs 0.89 million to Rs 1.2 million depending on the tender, with the expected project costs varying between Rs 148 million and Rs 174.08 million. The selected contractors will be tasked with sup..

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