Metro Rail News Online

New Delhi: In order to strengthen Metro Rail Systems contribution to ‘Make in India initiative’, the central government has issued parameters to follow. This is to achieve uniformity and fostering standardised procurement and indigenisation. The central government has given a list of ‘mandatory parameters’ to be followed for electrical components. These comprise of components used in metro rail systems like – tunnel ventilation, lifts, environmental control system, traction system, escalators, power systems to other electrical components. This will also be for the electrical and mechanical system (underground and elevated). The primary purpose is to accomplish indigenisation and standardisation in procurement. The intention is to attain consistency among technical specification of electrical items used by different metro rail systems. As per the officials from the Housing and Urban Affairs ministry stated that if state government request financial assistan...

New Delhi: The government has outlined big plans for metro rail projects in India, but the latest Union Budget does not reflect this. Allocations made in Union Budget 2018 for the metro rail projects are at a three-year low of Rs 15,000 crore. As per the statistics, in 2016-17 Rs 15,327 crore (actual) was spent on metro projects and Mass Rapid Transit System, the following year in 2017-18 Rs 18,000 crore was allocated and revised estimates remain unchanged. “ Metro Rail Policy, 2017 makes private sector participation mandatory, which is a big change. This change will be a catalyst for creating the right models to attract investment from the private players. This also helps the government in reducing their outlay,” said Rajaji Meshram, Director, Infrastructure, KPMG India. For example, recently Delhi Metro received bids for rolling stock of 25 trains on a lease basis from manufacturers. Similarly, Kochi Metro wants a Public-Private Partnership (PPP) model for ticketing wi...

New Delhi: The government has outlined big plans for metro rail projects in India, but the latest Union Budget does not reflect this. Allocations made in Union Budget 2018 for the metro rail projects are at a three-year low of Rs 15,000 crore. As per the statistics, in 2016-17 Rs 15,327 crore (actual) was spent on metro projects and Mass Rapid Transit System, the following year in 2017-18 Rs 18,000 crore was allocated and revised estimates remain unchanged. “ Metro Rail Policy, 2017 makes private sector participation mandatory, which is a big change. This change will be a catalyst for creating the right models to attract investment from the private players. This also helps the government in reducing their outlay,” said Rajaji Meshram, Director, Infrastructure, KPMG India. For example, recently Delhi Metro received bids for rolling stock of 25 trains on a lease basis from manufacturers. Similarly, Kochi Metro wants a Public-Private Partnership (PPP) model for ticketing wi...