Construction Infrastructure
Metro, rapid rail projects of length 1,230 km under implementation
The ministry told the house that Delhi Metro Phase III (including extensions), Nagpur Metro Rail Project Phase I, Mumbai Metro Line 2A and Mumbai Metro Line 7 have completed more than 90 per cent of works. “Urban transport, which is an integral part of urban development, is a state subject.
Hence, respective State Governments are responsible for initiating, developing and funding urban transport infrastructure including metro rail projects,” Ministry of Housing and Urban Affairs said. “The Central Government considers financial assistance for metro rail proposals in cities or urban agglomerates, on the basis of extant policy, feasibility of the proposal and availability of resources, as and when posed by the concerned State Governments,” it added. India currently has operational metro network of 697.43 km in various cities – namely, Kolkata Metro in West Bengal (oldest metro in India), Delhi Metro (longest metro in India) and Noida Metro NCR, Hyderabad Metro in Telangana, Bangalore/ Namma Metro in Karnataka, Chennai Metro in Tamil Nadu, Kochi Metro in Kerala, Mumbai Metro and Nagpur Metro in Maharashtra, Ahmedabad Metro in Gujarat, Jaipur Metro in Rajasthan and Lucknow Metro in Uttar Pradesh.
News Source : Yahoo.in
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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