Metro Rail News Online

Bhopal: The much needed extension for Bhopal, Indore Metro Rail projects has finally got the state cabinet approval. The state also gave its nod for the bank loan of 500 m euro from the European Investment Bank for the Bhopal Metro Rail Project. The other approval that the cabinet gave for creating 129 post for the Project Management Unit as well as 274 positions for Project Implementation Units. The cabinet has given sanction of formation of two posts independently of Additional Managing Director for Indore and Bhopal Metro . Madhya Pradesh Metro Rail Co Limited (MPMRCL) will be authorized for filling the vacancies, recruitment procedure, honorarium and decide the prerequisite of educational qualification and experience. The Cabinet has also decided to initiate the Mukhya Mantri Avivahita Pension Yojana via the Department of Social Justice and Disaster Welfare. With this approval will finally things move as for last eight years the Bhopal Metro Rail project is biting the dust. The p...

New Delhi: Public Investment Board (PIB) of Ministry of Finance has agreed Rs 13, 359 crore for Indore and Bhopal Metros. This decision comes ahead of Assembly polls this year in Madhya Pradesh. The project proposal will now be sent to Union cabinet for consideration post PIB’s clearance. It was in 2009 that the proposal for setting up metro project in Indore and Bhopal was mooted. This was also the first metro rail project made on lines of New Metro Rail Policy. As per top sources, PIC has approved Rs 6,397 crore for Indore metro and Rs 6,962 crore for Bhopal metro. In the first phase, 31.55 km would be covered in Indore and 27.87 km would be covered in Bhopal. As per the plan, there will be 30 metro stations on both of the metro lines proposed under Phase-I. The per km expenses is likely to be between Rs 182-200 crore. Both Indore and Bhopal metro rail projects will impact at least three dozen Assembly seats in the Madhya Pradesh. Close sources reveal that in the PIC meeting th...