Page 2 - Dmrc

Union Budget 2023: Rs 19,518 crore allocated to metro projects across India

The government has allocated a total of Rs 19,518 crore to all metro projects across India in the Union Budget 2023-24, officials said on Wednesday. Finance Minister Nirmala Sitharaman in her speech in Lok Sabha said, "Our vision for the 'Amrit Kaal' includes technology-driven and knowledge-based economy with strong public finances, and a robust financial sector. To achieve this, Jan Bhagidari through Sabka Saath Sabka Prayas is essential". A senior official said the total budgetary outlay for year 2023-24 for all metro projects stands at Rs 19,518 crore. The allocation in 2022-23 was Rs 19,130 crore. However, the revised budget estimates for the same for 2022-23 was 15,628 crore, according to budget documents. In recent years, the Union Ministry of Finance has been allocating budget for all metro projects in India, instead of the Delhi Metro's alone, a senior official at the DMRC said. The outlay for this year includes equity investment of Rs 4,471 crore, subordinate debt of Rs 1

Delhi HC fixes Feb 13 for next hearing in DMRC-DAMEPL case, may pass order

RInfra arm says it isn't immune from insolvency, pleads for court order to DMRC to release award amount to ease pressure from banks on DAMEPL

DMRC, Airtel Payments Bank to provide another smart card top-up facility

Delhi Metro has partnered with Airtel Payments Bank to provide one more smart card top-up facility to commuters, officials said on Sunday. This new initiative is focused on contributing to the government's vision of Digital India and financial inclusion by taking digital transaction services to the doorstep of every Indian, the DMRC said in a statement. The top-up facility of Delhi Metro's smart cards will now be possible through Airtel Payments Bank, it said. This new facility will be of great convenience to the commuters since this will allow them to use one more reliable option to recharge their smart cards through their mobile phones, the statement said. The transactions will be completely safe and the card or internet banking details will be saved only once by the app. Recharge through this facility will be fast and convenient, it added.

Delhi govt refuses to participate in arbitral award payment to RInfra

The DMRC on December 15 had launched a rights issue to raise Rs 7,131 crore from its existing shareholders - the Centre and the Delhi government, which own 50 per cent of the company each

Delhi Metro plans phase-5 as passenger traffic surges to pre-Covid levels

\Route expansion in backseat, DMRC may focus on capacity addition

No exit from Rajiv Chowk Metro post-9 pm on New Year's eve, says DMRC

To ease overcrowding on New Year's eve, exit from Rajiv Chowk metro station will not be allowed from 9 PM onwards, the Delhi Metro Rail Corporation (DMRC) said in a statement.However, entry of passengers will be allowed till the departure of the last train from the Rajiv Chowk Metro station."As advised by the Delhi Police, to ease overcrowding on New Year's Eve (31st December, 2022), exit from Rajiv Chowk Metro station will not be allowed from 9 PM onwards. However, entry of passengers will be allowed till the departure of the last train from the Rajiv Chowk Metro station. Commuters are requested to plan their journey accordingly," DMRC said.Meanwhile, the Delhi Police have planned several measures and drives to ensure that citizens enjoy New Year's Eve safely.In conversation with ANI, Special Commissioner of Police Traffic, SS Yadav on Thursday, said elaborate traffic arrangements throughout the city for the smooth flow and regulation of traffic on the New Year's Eve has been ...

Delhi govt to operate DMRC e-buses through multi-modal transit system

In addition, for the operation of additional 380 electric buses, six stations have been identified - Welcome, Kohat Enclave, Rithala, Nangloi, Mundka and Dwarka

Delhi govt is taking over DMRC's electric bus fleet to enhance connectivity

The Delhi government will soon take over the Delhi Metro Rail Corporation's fleet of electric buses to strengthen last-mile connectivity, officials said. The Cabinet recently decided to take over 100 existing electric buses of the Delhi Metro Rail Corporation (DMRC) and also operate an additional 380 feeder buses under the Transport department in 2023. In a statement, the Delhi government said, "DMRC has been operating feeder e-buses in east and north clusters since December 2019 from Shastri Park and Majlis Park depots. These buses will be run by the Transport department through the Delhi Integrated Multi-Modal Transit System (DIMTS). "In addition, for the operation of additional 380 electric buses, six stations have been identified -- Welcome, Kohat Enclave, Rithala, Nangloi, Mundka and Dwarka." The depots at these locations will be constructed by the DMRC. The Transport department will operate the feeder buses on a per-kilometre basis where operators will be paid on the basis of

20 yrs of Delhi Metro: How it transformed the city's landscape

Delhi Metro has contributed a lot to the national capital's economy, and by extension to that of the whole country. Last week, it celebrated 20th anniversary. Let's trace its transformative journey

Beginning as six-station journey, Delhi Metro completes 20 yrs of operation

From its humble beginning in December 2002 with a corridor of just 8.2 km spanning six stations on the Red Line, the Delhi Metro has grown into a network of over 390 km in 2022, completing an eventful journey of 20 years of operations. The Delhi Metro Rail Corporation today operates multiple corridors in the national capital and neighbouring cities. Delhi Metro had begun its commercial operations on December 25, 2002, a day after then prime minister Atal Bihari Vajpayee had inaugurated DMRC's first stretch, spanning 8.2 kilometre from Shahdara to Tis Hazari, with just six stations. To mark the two decades of operations, Delhi Metro is slated to run a special train on Saturday that was flagged off by Vajpayee on December 24, 2002. "It is an exciting milestone for the DMRC, and the special run of the six-coach train will take place today from Kashmere Gate station to Welcome station on the Red Line," a senior official said. A special exhibition commemorating 20 years of operations w

The age of the Metro: How the system failed to induce behavioural change

The Delhi Economic Survey 2021-22 shows the number of vehicles in the capital was more than 10 million

Delhi Metro: NCR's 'lifeline' turns 20, begins new era of modern commuting

Metro rails are considered a test case for public-private partnership (PPP), but DMRC's brush with PPP has not been a happy one

Widening scope, aim to be a key player in urban infra space: DMRC MD

To improve revenue while keeping ticket fares in check, DMRC is venturing into newer regions and business avenues. Kumar shares details of DMRC's growth plans

DMRC Board approves raising of equity share capital by way of rights issue

The board of Delhi Metro Rail Corporation has approved the raising of the equity share capital of the DMRC by way of the rights issue, to be subscribed equally by both the stakeholders -- the Centre and the Delhi government. The funds raised will be to meet the liability arising out of an arbitral award of 2017 in favour of Delhi Airport Metro Express Private Ltd (DAMEPL). A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. The DMRC is a 50:50 joint venture between the government of India and the Delhi government. The Supreme Court on Wednesday directed the Delhi High Court to proceed with the execution of the Rs 4,600 crore arbitration award granted in favour of DAMEPL, which had pulled out from running the Airport Express metro line over safety issues and take it to a logical end within three months. An arbitral tribunal had ruled in favour of Reliance Infra's DAMEPL and accepted its claim that running the operations on the

After SC rap, DMRC launches Rs 7,100 crore rights issue for RInfra dues

Transporter asks Centre, Delhi govt to infuse equity of Rs 3,500 crore each

Law for enforcement of arbitral award no different for govt: SC to DMRC

Comment follows non-payment of Rs 4,500 cr by Delhi Metro Rail to Reliance Infra, out of a total Rs 7,200 cr in an arbitral award passed by the top court

SC slams DMRC over non-payment of Rs 4,500 crore to Reliance Infra

There are public speeches on making India an international arbitration hub but the court's order not enforced, says bench

Reliance Infra moves SC against DMRC for payment of Rs 4,500 crore

Court issues notice to DMRC, seeks reply by Dec 12

Delhi Metro to procure 312 coaches from Alstom India for Phase-IV corridors

Delhi Metro Rail Corporation on Friday signed a contract with a manufacturing company to procure 312 coaches for its Phase-IV priority corridors, officials said. The three priority corridors are Majlis Park to Maujpur, Janakpuri West to RK Ashram Marg and Tughlakabad to Delhi Aerocity. "The Delhi Metro Rail Corporation (DMRC) today (Friday) took a major step towards operationalising its Phase-IV corridors for passenger operations by signing the contract for procuring 312 metro coaches (52 trains) for Phase IV's priority corridors," the DMRC said in a statement. Work on the Phase IV corridor began in December 2019 with a groundbreaking ceremony but construction was hit following the outbreak of COVID-19 in March 2020. "Small sections of both Line 7 (Pink) and Line 8 (Magenta), which are being built as part of Phase-IV priority corridors, would probably be operational in a year's time from now or by March 2023," then DMRC chief Mangu Singh had told PTI on March 31. On Friday, the DM

Delhi Metro train services to begin from 4 am on MCD elections day

Delhi Metro train services on all lines will start from 4 AM from all terminal stations on the day of the civic polls slated to be held on December 4, officials said on Friday. Election to the 250 wards of the Municipal Corporation of Delhi is scheduled to be held from 8 AM to 5:30 PM. "On the day of the Municipal Corporation of Delhi election on December 4, the Delhi Metro train services on all lines will start from 4 AM from all terminal stations." "The trains will run with a frequency of 30 minutes on all the lines till 6 AM. After 6 AM, metro trains will run as per the normal Sunday timetable throughout the day," the DMRC said in a statement.