Bengaluru Metro gets Rs 2,300 crore loan from AIIBThe loan will help the utility to fund the construction of the 14-km Dairy circle - Nagawara underground Metro line, which is part of Reach...
- Metro reworks capital structure for its orr link
In 2016, Namma Metro had hoped to raise Rs 1,100-Rs 2,000 crore through “innovating financial mechanisms.
Namma metro needs Rs 664 crore more to clear phase-I billsAccording to the annual report of 2017-18, BMRCL had raised a seniorterm debt of only Rs 5,046 crore as against the approved amount of Rs 5...
Namma Metro: You can own it tooGiven the cost of real estate, acquiring land is one of the biggest challenges, admit officials.
BMCRL to approach JICA for funds, againBMRCL’s new managing director, Ajay Seth, said he would hold a meeting with JICA representatives in New Delhi in the next couple of days.
Will Metro be second-time lucky with underground tenders?The BMRCL has been struggling with the 13-km underground project as all contractors who participated in bids earlier quoted 69% more than B...
Airport metro line: BMRCL to look at new funding routeThe AERA’s rejection has forced the BMRCL to look at new financial modalities such as the one introduced on the Outer Ring Road where priva...
Embassy lines up Rs. 250 crore for metro station and flyoverPUBLIC-PRIVATE PACTS: Station to come up at Kadubeesanahalli on KR Puram-Silk Board line; flyover near Manyata Business Park at Nagawara.
6 construction companies vie to build 17-km Outer Ring Road Metro sections in BengaluruIn February this year, the transport utility had floated bids for the civil work which comprises construction of 13 metro stations between ...
Bengaluru Metro homes in on SV Road station to build its bhavanThe location of the new building, which is expected to have 10 storeys, is likely to invite some criticism as it would eat into the SV Road...
Namma Metro to sign a € 300-m loan dealThe AIIB team has already had four rounds of discussions with BMRCL officials in Bengaluru. A BMRCL delegation led by managing director Pra...
Bengaluru Metro Phase II gets Rs 3,650-crore boostBangalore Metro Rail Corporation Ltd (BMRCL) is expected to use this money for the construction of the 23-km Gottigere-Nagawara line.
Metro mystery: BMRCL awaits nod; safety body says it was issued in SeptemberThe CRS has shown green light to Bangalore Metro Rail Corporation (BMRCL) to throw open the Mysuru Road-Magadi Road stretch for public.
Life near a metro, expect far-reaching gainsUrban Development Department Additional Chief Secretary D Satya Murty said the government will move ahead after hearing the BDA 's views.
India Ratings announces first bond rating on Metro Rail ProjectInd-Ra has rated Bangalore Metro Rail Corporation Limited’s (BMRCL) proposed bonds at ‘IND AA(exp)’.
- Centre to share escalated cost of Bangalore Metro
The Union government has agreed to share the cost escalation of Rs 5,511 crore of the Bangalore Metro project with the Karnataka government.
- Bangalore Metro to rope in private cos for phase II
The Bangalore Metro Rail Corporation (BMRCL) is planning to rope in private sector companies to help implement the second phase of its proj...