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Showing posts with the label Pune Metro Rail Project

Metro rail project in Pune going on at fast pace, 21 % completion rate

Pune : Metro rail development in Pune and Pimpri Chinchwad is moving on a jet-set speed. As per early estimates, 21 percent of work is completed, hinting a good physical progress of the work. This was communicated via written replay to Parliament by the Ministry of Housing and Urban Affairs. The ministry asserted that progress is far better than other metro projects taking place across the country. It was in December 2016 that Pune Metro was launched. It is commendable to note that around 21 percent of civil work has been completed in about 19 months. Work has been progressing well in two Metro corridors — Vanaz to Ramwadi­ —PCMC to Swargate covering a distance of 32.25 km. Maha Metro executing the project shared that they have 90 percent possession of land in both the corridors. The officials are optimistic that will pick up additional momentum in coming days. There are no roadblocks or hindrance so far. Even funding for the project is likely to be finalized in the co...

Pune Metro | HCC has awarded a contract of ₹ 484 crore for Pune Metro Rail Project

Pune Metro: Hindustan Construction Company Ltd. (HCC) has received a contract of ₹ 484 million from Maharashtra Metro Rail Corporation Ltd. (MMRCL) for the Pune Metro Rail Project. HCC is the main partner with a 51% stake in the joint venture with AL FARA’A. The contract is for the construction of eight elevated metro stations in Vanaz, Anand Nagar, Ideal Colony, Nal Stop, Garware College, Deccan, Sambhaji Park and PMC in Line II of the project, according to a company statement. The work includes general and structural civil works of the buildings of the station, and the architectural and site development. It is expected to be finished by 2019-final. Line II of 14.66 km will be completely elevated and will have 16 stations. This is the second order that HCC received from MMRCL for the Pune Metro. The previous order was to build nine elevated stations on Line I. Arun Karambelkar, president and CEO of E & C, HCC Ltd, said: “We are honored to receive this second or...

Pune Metro | Maha Metro adopts a new version to save trees by transplantation

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What do you want? Butchery or a surgery…? This was the question Mr Devendra Jagtap (MD, Jagtap Horticulture Pvt. Ltd.) asked to Dr. Brijesh Dixit (MD, Maha Metro) approximately 4 months ago when two were discussing safe tree transplantation process for Pune Metro.. Mr. Dixit’s answer actually highlighted the honest efforts, Maha-Metro is taking to save the nature while rapidly transforming Pune’s Transportation future. Mr Dixit said, “We don’t want a mere surgery but we want you to consider this tree transplantation operation like a Brain surgery.. Be as specific, sharp and meticulous while transplanting those trees to a new location..” And finally on 9th Dec 2017, the best global scientific technology and practices for tree transplantation operation were adopted. This bench mark has been established by Lansol Landscape Solutions, A landscape Division of The well known Jagtap Nursery of Pune. The Platform was given by MAHA-METRO for its prestigious Pu...

Maha Metro | Pune Metro project to get funding of Euro 845mn by March 2018

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Pune: Funding for the Pune Metro Rail project is expected to be finalised by March 2018. The project is to be co-funded by European Investment Bank and  French development bank, AfD and they will together be providing €845 million for the project, Brijesh Dixit, MD, Maha Metro, said. The EIB team will visit in December-end to study the project. EIB will be putting in €600 million while AfD would be financing €245 million, Dixit said. This funding will account for around 58% of the Rs 11,420-crore cost of the 31.25-km Pune Metro project with the remaining coming in the form of equity from the Central government, Maharashtra state government and the civic bodies of Pune and Pimpri Chinchwad, Dixit said. The 50:50 central and state government-owned joint venture, the Pune Metro project has the advantage of being backed by sovereign guarantee of the government of India which enables it to access funds at a lower interest rates and with better terms an...

Maha Metro | Pune Metro project to interlink four Indian Railways stations

Pune: The Maharashtra Metro Rail Corporation Limited (Maha-Metro) has decided to interlink various railway stations, including Pune, Shivajinagar, Khadki and Kasarwadi, with metro stations as it will help commuters to switch over from one mode of transport to another on the same platform. According to officials, Maha-Metro has planned to connect metro stations directly to railway platforms. Speaking at a press conference on Thursday, Maha-Metro managing director Brijesh Dixit said that the company is working on a memorandum of understanding (MoU) with the Indian Railway, mainly Central Railways, for interlinking stations of both Pune Metro and railways at four points. The Pune Metro’s rail route Pimpri–Chinchwad to Swargate will connect Kasarwadi, Khadki and Shivajinagar railway stations and the Vanaz to Ramwadi metro route will connect with the Pune station. “The Shivajinagar Metro station has been planned underground. Hence, Maha-Metro will erect a subway to connect...

Maha Metro | MMRCL seeks latest tunneling technology for Pune metro rail project

Pune: The Maharashtra Metro Rail Corporation (Maha Metro) is seeking the latest tunnel-boring technology for the 5 km underground route of the Pune Metro rail project to drill through the hard ground under a river bed, a top company official has said. Making a presentation of the Rs 11,420-crore... Click here to see more https://goo.gl/3iK3AE

Pune Metro | PMRDA appoints Deloitte as transactional adviser for metro project

Pune: The Pune Metropolitan Region Development Authority (PMRDA) has appointed Deloitte as transactional adviser to ready its bid document and evaluate companies that have made a bid for the metro project. The metro rail project from Hinjewadi to Shivajinagar will be implemented under the public private partnership (PPP) model and cost Rs 7,947 crore. "We have a team of six people from the company who are experts in the field of traffic management, real estate, financial, railway engineering, taxation and law. They will evaluate the qualification of the bids and ready the agreement by September end,"" stated PMRDA chief Kiran Gitte on the proposed 23.33 km Hinjewadi-Shivajinagar stretch . The officials have been asked to ready the request for proposal and the draft of the concession agreement by September. PMRDA expects the officials to work with them till the bid is finalised. They will have to check everything from design, cost, the success of ...

Pune Metro | Nagarjuna Construction bags construction contract worth Rs350 Cr

Pune: Nagarjuna Construction Company (NCC) has bagged its second contract for the Pune Metro Rail project and will soon start construction work on the second Metro corridor in Pune. This order is worth Rs 350 crore and is for the design and construction of an elevated viaduct on corridor 2 of the Pune Metro, with a length of 7.150 km from Vanaz to Civil Court. The Hyderabad-based infrastructure construction company, NCC, is already executing the Rs499-crore construction contract for the elevated Metro rail viaducts for the first corridor. This is part of corridor 1 from Pimpri Chinchwad Municipal Corporation to Range Hills. Brijesh Dixit, MD, Maharashtra Metro Rail — the 50:50 Indian and Maharashtra government joint venture executing the `11,420-crore Pune Metro project — said with these two contracts done, the Pune Metro project is on track and work has now started on the Metro stations. The 31.2-km Pune Metro will have two corridors and have 31 stations in all. “Earl...