The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
After being closed for over five months due to the COVID-19 pandemic, metro services will be resumed in three stages from September 7-12, but stations located in containment zones will remain closed.
As the construction of Metro networks gets underway in 12 cities, taking the tube could soon be a way of life.
The first tranche of central government funding for the third phase of the Delhi Metro commuter rail project is likely to come in the coming 2011-12 Budget.
Minister for Urban Development S.Jaipal Reddy Union on Wednesday said that the Delhi Metro is the proudest achievement of modern India. He further mentioned that the ministry has taken some important decisions relating to urban transport to help the daily commuters and ease traffic congestion.
Inside the coach, he interacted with some of the commuters and posed with them for pictures.
A full bench of the Central Information Commission will decide the tricky issue of whether the design of the pillar collapsed last year can be made public under the RTI Act or the IPR over the same allow DMRC to withhold it.
Union Urban Development Minister S Jaipal Reddy said Metro rail system in cities like Mumbai and Chennai will be built on standard gauge, which is used in most of the new age transport systems in the world.
At least 12 persons were injured, including two seriously, when two cranes collapsed at a Delhi Metro Railway Construction site in southern Delhi. The accident occurred on the Connaught Place-Gurgaon railway line.According to DMRC sources, the mishap occurred in the Said-ul-Ajaib area, which is located near the historical Qutub Minar. The injured have been rushed to the All India Institute of Medical Sciences and Safdarjung Hospitals for treatment.
Delhi Metro on Friday rolled out its new fleet of broad gauge trains, which are more faster and swankier than the present ones, as DMRC chief E Sreedharan promised more trains to meet the ever-increasing passenger rush on the new age transport system.
The Delhi Metro on Wenesday started taking action in connection with the back-to-back mishaps at a construction site here with removal of a senior official and initiated security audit of its critical structures.
The Delhi Metro chief E Sreedharan on Monday withdrew his resignation from the post, a day after he put in his papers owning moral responsibility for an accident at a construction site in which six people were killed.
Faced with the ever-growing passenger rush on metro trains, Delhi Metro is planning to launch six coach trains on all its routes from May this year which is expected to ease pressure on over-crowded lines.
The Delhi High Court on Wednesday issued a notice to the Delhi Metro Rail Corporation on a petition that stated that the DMRC was grossly negligent in connection with the Zamrudpur mishap. The petition called for the setting up of an independent committee to investigate the Zamrudpur incident, in which six persons were killed. On July 24, the high court had issued a notice to Gammon India, a contractor of Delhi Metro Rail project, on a petition filed by family of victims.
Putting the blame on 'deficiency in design and material' for the July 12 mishap which claimed six lives, Delhi Metro on Tuesday claimed that a design consultant firm which inspected the site 'misled' them and the contractor about the condition of the pier which collapsed. The DMRC is also serving a show-cause notice to contractor Gammon India, which was carrying out the work at Zamrudpur accident site, to explain why it should not be blacklisted for two years.
The development took place irrespective of the recent escalation in tension and war of words between India and Pakistan. The matter has been referred to the external affairs ministry which is learnt to be favourably disposed towards it. Once it gets South Block's go-ahead, DMRC will send a team of its officials to Karachi to prepare a detailed project report. DMRC Managing Director Elattuvalapil Sreedharan said this will include all aspects of the project.
The state asked the PMO to accommodate three more dignitaries, including DMRC Principal Advisor E Sreedharan.
A ride on a Delhi Metro train is likely to become more comfortable with DMRC planning to roll out 83 broad gauge trains, which will be more faster than the present ones, by 2011 at a cost of Rs 2,984 crore (Rs 29.84 billion).
The Delhi Metro Rail Corporation is set to install automatic ticket vending machines at select metro stations in the national capital. Commuters will be able to get their metro tokens from the vending machines installed at Barakambha Road, Central Secretariat and Vishwa Vidayalaya metro stations from the end of April. The DMRC has procured 16 such machines to be installed at various metro stations in the capital.
About 45 per cent work has been completed on the 33.494 km long Janakpuri-Kalindi Kunj Metro corridor by September
The Comptroller and Auditor General has indicted the way the DMRC is run and points to the novel 50:50 management structure that neither of the governments is in charge, so the company is pretty much run by the management, namely Sreedharan.
The Delhi Metro may end up in a loss of Rs 700 crore (Rs 7 billion) in the next fiscal due to a high depreciation cost although it expects to generate a revenue of Rs 1,231 crore (Rs 12.31 billion).The Metro expects to cough up Rs 1,026 crore (Rs 10.26 billion) through operations during 2010-11 financial year, besides another Rs 205 crore (Rs 2.05 billion) through property development.
Delhi Metro will add 131 more trains, some of them with six coaches, to its fleet to cater to the additional traffic caused due to the increasing number of passengers.
PM to inaugurate Metro's longest line on Dec 30
DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
The Delhi Metro Rail Corporation is one of the four metros in the world to have operating profits among 135 metros globally, the Indian Institute of Management Lucknow has concluded in a recent case study.
A day after the state government's intervention, the Prime Minister's Office on Thursday said that 'Metro man' E Sreedharan has been included in the list of dignitaries who will share the stage with Prime Minister Narendra Modi during the Kochi Metro inauguration on June 17.
E Sreedharan, architect of the prestigious project, will accompany the royal visitor during his ride from Kashmiri Gate to Welcome Station at Shahdra.
A Metro official said the fare revision has been "proposed sometime ago but no action has been taken till now.
Trains on the busy Yellow Line that connects Jahangirpuri to HUDA city centre were delayed since 9:45 am after they were bunching up due to breakdown of one of the trains between Central Secretariat and Udyog Bhawan stations.
The trial run of Delhi Metro's swanky new 'driver-less' trains began on Tuesday, setting the ball rolling on what promises to be a technological feat in the country's public transport system in little more than a year, when they will run on 'unattended' mode.
Modi government must fix policy paralysis.
The protesting students clashed with cops after were they stopped at the varsity gate and prevented from carrying out their march.
The undated video, posted on Facebook by a user, has been shared over 6,000 times and shows the constable in inebriated state struggling to hold on to a pole while swinging back and forth inside a coach.
Delhi Chief Minister Arvind Kejriwal appealed the people to maintain calm. "Earthquake tremors in Delhi. I appeal to people to maintain calm. Officials out in the field to assess the situation," he said on micro-blogging site Twitter.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
Commuters were hit hard for the second day on Tuesday due to Chief Minister Arvind Kejriwal's dharna in the heart of the capital with authorities shutting down four metro stations and buses being diverted.
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