亚博体育官网首页

Jaipur Metro Phase-2 DPR Approved as Rs 122.60 Bn Project Awaits Centre
RAILWAYS & METRO RAIL

Jaipur Metro Phase-2 DPR Approved as Rs 122.60 Bn Project Awaits Centre

Rajasthan Chief Minister Bhajanlal Sharma has given the green light to the detailed project report (DPR) for Jaipur Metro Phase-2, marking a major step towards one of the largest urban transport expansions in the state.

The 42.80-kilometre-long corridor, stretching from Todi Mode to Prahladpura, will be implemented by the Rajasthan Metro Rail Corporation (RMRC), a joint venture between the state and Central governments. Construction is set to begin once the project receives approval from the Union Ministry of Housing and Urban Affairs.

With an estimated cost of Rs 122.60 billion, the project will include 36 metro stations鈥攖wo of which will be underground. Funding will be sourced in part through loans from financial institutions. The proposed extension is aimed at enhancing urban connectivity by linking key residential, commercial, educational, and industrial areas across Jaipur, including Mansarovar, Durgapura, and the Sitapura Industrial Area.

Originally announced in the Rajasthan Budget for 2025鈥�26, the initiative is expected to significantly ease traffic congestion, reduce environmental pollution, and improve access to major zones in the city. RMRC will oversee the current operations and future expansion of the Jaipur Metro network.

News source: Projects Today

Rajasthan Chief Minister Bhajanlal Sharma has given the green light to the detailed project report (DPR) for Jaipur Metro Phase-2, marking a major step towards one of the largest urban transport expansions in the state.The 42.80-kilometre-long corridor, stretching from Todi Mode to Prahladpura, will be implemented by the Rajasthan Metro Rail Corporation (RMRC), a joint venture between the state and Central governments. Construction is set to begin once the project receives approval from the Union Ministry of Housing and Urban Affairs.With an estimated cost of Rs 122.60 billion, the project will include 36 metro stations鈥攖wo of which will be underground. Funding will be sourced in part through loans from financial institutions. The proposed extension is aimed at enhancing urban connectivity by linking key residential, commercial, educational, and industrial areas across Jaipur, including Mansarovar, Durgapura, and the Sitapura Industrial Area.Originally announced in the Rajasthan Budget for 2025鈥�26, the initiative is expected to significantly ease traffic congestion, reduce environmental pollution, and improve access to major zones in the city. RMRC will oversee the current operations and future expansion of the Jaipur Metro network.News source: Projects Today

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement