Posts

Showing posts with the label Metro Rail Project

Chandigarh to revive monorail project after 21 years

Chandigarh : It was in 1997 that the proposal to launch monorail in Union Territory was mooted. Now after 21 years, the administration is planning to revive the project after shelving the idea of metro train. Local MP Kirron Kher and UT adviser Parimal Rai had a meeting with Swiss Transport Company Intamin at the UT Secretariat in Sector 9 last week. The Swiss company shared presentation on monorail. The Union government in 2006 had rejected the Chandigarh monorail project, instead had asked to explore metro rail project. Post meeting Kirron Kher while speaking to Times of India said, “The administration is exploring different ways of improving public transport and connectivity with the nearby cities, and monorail is one of those models. The Swiss company has only submitted its proposal presentation so dar.” Senior UT official on the other hand shared that monorail will cost about Rs 2,500 crore. He added that metro rail would have cost Rs13,600 crore.  Monorail will b...

Vizag Metro | Five firms in fray for Vizag Metro project

Amaravati: The Amaravati Metro Rail Corporation (AMRC) is taking calculated move and is preparing a strong plan for construction of Vizag Metro . This comes in wake of the mistakes made during the Hyderabad Metro Rail Project in Telangana. AMRC is putting down every minute detail and is seeking help of experts to prepare the report. The reports will also consider operating losses and based on expert advice mention recommended changes while preparing draft for Vizag Metro Rail Project .  As per preliminary plan, the Vizag Metro Rail project will be completed into three corridors covering 42.55 km and the approximate project cost is estimated at Rs 8,800 crore. This cost excludes the land and the R&D cost that will be incurred while constructing the project. The government recommends financing civil infrastructure while the private developer will make investment in non-civil infrastructure and earn revenues via operation and maintenance of the project for 35 years. AMRC has alr...

Minister SP Velumani speaks with Japan & Germany on Metro rail Projects

Coimbatore: The rural and administrative minister of municipal, SP Velumani, said on Wednesday that talks had been held with the Japan International Cooperation Agency (JICA) and the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) to implement the railway project of metro in the city. According to sources, the first phase of the metro rail project, whose feasibility study has not yet been carried out, is likely to start at Avinashi Road, where an overflight is also approaching. “The work on the Avinashi Road overpass and the metro rail project will be taken simultaneously and working on one will not affect the other,” Velumani said when asked how both projects would be implemented on the same stretch. The minister, who inspected the soil test work for the Avinashi Road overpass here, said the state government has allocated Rs 950 crore for the construction of overpass and sanctioned another Rs 65 lakh for the testing process of soil. ...

GST reduction on metro construction materials will give some relief to Metro construction companies

With the rate of the Tax on Goods and Services (GST) on the construction of the metro and the monorail going down to 12 percent from 18 percent, EPC (engineering-procurement-construction) contractors in space would benefit provided their contracts they will be tendered taking into account the fiscal component. Essentially, if the EPC contractor had submitted an offer for the metro or monorail construction contract on the base price without taxes, then the decrease in the GST slab would prove to be an advantage for the company since the overall cost would decrease. However, if the contract was tendered, including the tax component, the final cost would remain unchanged. According to experts, some of the contractors who were under stress due to higher costs would get some relief. “This is a positive step in many aspects for the industry, first, the Capex for projects will be reduced, and second, there will be a significant reduction in working capital, since less funds will be block...

Center approves separate post & office for Metro Railway Safety Commissioner

New Delhi: More than a decade after it was first contemplated in the Metro Railways (Operations and Maintenance) Act of 2002, the Ministry of Civil Aviation created a post for the Metro Railway Safety Commissioner under the Railway Safety Commission, as an official notification dated January 10. Last month, the Cabinet of Ministers approved the proposal to create an office of a circle of Metro Railway Safety Commissioner, along with all the officers and support staff to carry out the functions of the Metro Railway Safety Commission. The Railway Safety Commission, which operates under the administrative control of the Ministry of Civil Aviation, deals with matters related to the safety of train travel and the operation of the train. Originally, it was established as the Railways Inspectorate together with the Railways Board in 1905. Later, following the recommendations of various committees and to avoid the direct subordination of the body to the Railways Board, the inspection was plac...

US based company Trimble launches its Railway Solutions Portfolio in India

Trimble Solutions India, a subsidiary of Trimble Inc., based in the United States, launched its global portfolio of railway solutions in India. The Trimble Railways portfolio is an industry leader and covers the life cycle of railways from end to end, from planning to safety, through construction, maintenance and operations. The company has launched products such as Trimble Rail Asset Lifecycle Management, SurfView, GEDO CE and Beena Vision, targeting Indian railways and urban subway projects in more than 20 cities in India. In announcing the launch: Tomas Larsson, General Manager of Trimble Rail, said: “We believe that our state-of-the-art technology products can play a significant role in the ongoing transformation of India’s railways, helping the organization achieve its key objectives. launching high-speed trains, improving passenger safety and operational efficiency.Also, as India progressively adopts metro rail networks for urban transportation, we are ready with solut...

US based company Trimble launches its Railway Solutions Portfolio in India

Trimble Solutions India, a subsidiary of Trimble Inc., based in the United States, launched its global portfolio of railway solutions in India. The Trimble Railways portfolio is an industry leader and covers the life cycle of railways from end to end, from planning to safety, through construction, maintenance and operations. The company has launched products such as Trimble Rail Asset Lifecycle Management, SurfView, GEDO CE and Beena Vision, targeting Indian railways and urban subway projects in more than 20 cities in India. In announcing the launch: Tomas Larsson, General Manager of Trimble Rail, said: “We believe that our state-of-the-art technology products can play a significant role in the ongoing transformation of India’s railways, helping the organization achieve its key objectives. launching high-speed trains, improving passenger safety and operational efficiency.Also, as India progressively adopts metro rail networks for urban transportation, we are ready with solut...