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In India, 15 cities have 746 kilometres of functioning metro networks

This is apart from 1,400 km of metro rail projects worth Rs 2 trillion in the approval/proposal stages, of which a 352-km of new metro network has been approved, with the balance being in the proposal stage, , metro rail, construction companies, icra

New Delhi, June 21: The domestic metro rail projects will provide business opportunities worth Rs 80,000 crore for construction companies over the next five years, according to ICRA. In India, 15 cities have operational metro networks of about 746 km (many of which are undertaking expansion), the agency said adding another seven cities have under-implementation metro projects of about 640 km. This is apart from 1,400 km of metro rail projects worth Rs 2 trillion in the approval/proposal stages, of […]

The rating agency also expects the sector’s coverage metrics to remain comfortable in this fiscal, benefitting from healthy accruals and relatively low incremental debt funding requirements. The rating agency also expects the sector’s coverage metrics to remain comfortable in this fiscal, benefitting from healthy accruals and relatively low incremental debt funding requirements.

Rising Cities. Smart Future - The curtains dropped on Business Review’s Rising Cities. Smart Future 2022 after more than four hours of lively debate between top business leaders, local