Page 42 - Construction_Opportunities_September_2024
P. 42

TICKER TAPE
          INFRASTRUCTURE  PM MODI LAUNCHED  `8,000 CRORE PROJECTS IN   MMR’s sustainability goals and offer lower operational costs

           GUJARAT AND INAUGURATE AHMEDABAD METRO PHASE-II
                                                               compared to diesel buses. It calls for targeted investments in
                                                               electric buses and coastal ferry services, suggesting that MMRDA
           Prime Minister Narendra Modi unveiled a series of significant
                                                               (Mumbai Metropolitan Region Development Authority) should
           projects, including laying the foundation stones for developments
                                                               oversee these operations with private sector participation and
           worth `8,000 crore and inaugurating the Phase-II extension of the
           Ahmedabad Metro. The new metro phase will connect GIFT City
                                                               necessary viability gap funding. Sources within BEST (Brihanmumbai
                                                               Electric Supply and Transport) indicate that the management
           and will feature the country’s first Vande Metro service between
           Bhuj and Ahmedabad. PM Modi engaged with beneficiaries of
           the PM Surya Ghar Muft Bijli Yojana in Gandhinagar in the morning.
                                                               AC electric buses on a wet lease basis, which could address last-
           Later, he inaugurated the 4th Global Renewable Energy Investor’s   might seek government and MMRDA support for procuring new
                                                               mile connectivity issues near Metro stations on Lines 1, 2A, and 7.
           Meet and Expo (RE-INVEST) at Mahatma Mandir, a major event   Currently, commuters report difficulties in finding feeder services
           aimed at showcasing India’s advancements in renewable energy.  such as buses or autos to reach their final destinations after
           PM Modi launched the Ahmedabad Metro Rail Project and took   traveling on Metro trains. Activists advocate for establishing
           a ride from Section 1 Metro Station to GIFT City Metro Station. This   dedicated feeder AC bus services at Metro stations, similar to the
           phase of the metro project is set to enhance mass transportation   SATIS (Station Area Traffic Improvement Scheme) at railway stations
           connectivity between GIFT City and Gandhinagar.     like Thane, where all transport modes are readily accessible.
           The Prime Minister inaugurated and laid the foundation stones
           for various development projects totaling over  `8,000 crore.  TRIAL RUNS BETWEEN SAHIBABAD AND NEW ASHOK NAGAR
           This includes flagging off India’s first Vande Metro from Bhuj to   SET TO BEGIN IN NOVEMBER
           Ahmedabad and several Vande Bharat trains on routes such   The National Capital Region Transport Corporation (NCRTC)
           as Nagpur to Secunderabad and Kolhapur to Pune. Additional   announced recently the trial runs for the 12-kilometre section
           projects include  the  quadrupling  of railway lines  between   from Sahibabad to New Ashok Nagar in Delhi are expected to
           Samakhiali and Gandhidham, the development of major roads   commence in November.
           in Ahmedabad, and the construction of new flyover bridges.  The New Ashok Nagar Namo Bharat station is nearing completion,
           PM Modi also inaugurated a 30 MW solar system, a 35 MW BESS   with final stages of construction underway. Once operational, this
           Solar PV Project at Kutch Lignite Thermal Power Station, and 220   segment will facilitate seamless travel between New Ashok Nagar
           kV substations at Morbi and Rajkot. He also launched the Single   and Meerut South RRTS stations in approximately 35-40 minutes,
           Window IT System (SWITS) of the International Financial Services   according to the NCRTC statement.
           Centres Authority to streamline financial services. Furthermore,   The Delhi portion of the NCRTC corridor includes a nine-kilometre
           the Prime Minister approved more than 30,000 houses under the   elevated viaduct and a five-kilometre underground stretch.
           Pradhan Mantri Awas Yojana-Gramin, released the first installment   The elevated viaduct is complete, and work is progressing on
           for these homes, and begin construction under the PMAY Scheme.   track laying and overhead electrification (OHE) installations.
           He also handed over completed houses to beneficiaries under   The 14-kilometre stretch encompasses Sarai Kale Khan, New
           both the Urban and Rural segments of the PMAY.      Ashok Nagar, and Anand Vihar stations, all of which are close to
                                                               completion.
           NITI AAYOG RECOMMENDS `14,000 CRORE INVESTMENT      The New Ashok Nagar station, spanning 215 metres in length
           IN BUS AND WATER TRANSPORT TO ENHANCE LAST-MILE     and 30 metres in width, has its concourse and platform levels
                    CONNECTIVITY IN MUMBAI REGION              completed, with roof work ongoing. Track-laying is nearly finished
           According to a recent NITI Aayog report, 5-10% of the estimated   up to New Ashok Nagar, and OHE and signalling work is in progress.
           $17 billion allocated for Metro Rail transportation projects in the   A 90-metre-long, 6-metre-wide foot over bridge (FOB) is being
           Mumbai Metropolitan Region (MMR), equating to `7,000-`14,000   constructed to connect the New Ashok Nagar Namo Bharat station
           crore, should be invested in enhancing non-Metro rail public   to the metro station. This FOB will link the concourse level of the
           transportation such as buses and water transport. This investment   metro station to the concourse of the NCRTC station, allowing
           aims to bolster last-mile connectivity for daily Metro commuters.  passengers to transfer smoothly between transport modes without
           Released recently, the report emphasizes integrating bus services   leaving the station premises. The station will feature four escalators
           with coastal water transport to improve overall connectivity. The   for easy movement between the platform and concourse levels,
           NITI Aayog report was unveiled in the presence of Klaus Schwab,   and platform screen doors (PSDs) are being installed for added
           founder of the World Economic Forum, and outlines strategies to   safety. Two additional FOBs are being constructed to improve
           elevate the MMR into a global economic hub.         connectivity and accessibility. Parking facilities at the station
           The report highlights that while bus and water transport services   will accommodate over 550 two-wheelers and four-wheelers,
           are often deemed “loss-making” and face pressure to reduce   enhancing convenience for those arriving by personal vehicles.
           operations, a well-coordinated network of buses and ferries can   Dedicated pick-up and drop-off points will be available for
           significantly alleviate city congestion, lower air pollution, and   vehicles, and an off-road service line will facilitate cab and
           address last-mile connectivity issues. It advocates for investments   auto services. Currently, Namo Bharat train services operate
           and potential cross-subsidies to sustain and expand these services.  on a 42-kilometre stretch from Sahibabad to Meerut South. The
           Moreover, the report recommends that buses and water transport   complete 82-kilometre corridor is expected to be finished by June
           vehicles be designed as sustainable electric vehicles to meet   2025, enabling travel between Delhi and Meerut in under an hour.


        42   CONSTRUCTION OPPORTUNITIES|SEPTEMBER 2024
   37   38   39   40   41   42   43   44   45   46   47