Latest news with #VijayawadaMetroRailProject
NDTV
29-07-2025
- Business
- NDTV
Vijayawada Metro Rail Project: Tenders Invited For Phase 1 Construction
Vijayawada: The Andhra Pradesh Metro Rail Corporation (APMRC) has officially invited Engineering, Procurement, and Construction (EPC) tenders for the ambitious Vijayawada Metro Rail Project Phase 1. This is expected to mark a crucial milestone in a project that aims to significantly ease traffic congestion and enhance public transportation in the bustling city. Phase 1 of the Vijayawada Metro Rail Project will span run over 38.40 kilometers, covering two vital corridors and the construction of 32 elevated metro stations and one underground station. The estimated cost for this phase is approximately Rs 4,150 crores. The two corridors outlined for Phase 1 include Corridor 1, from Pandit Nehru Bus Station (PNBS) to Gannavaram Bus Stand, covering 25.95 kilometers and featuring 22 stations. This corridor will also include a 4.7-kilometer double-decker flyover, a notable engineering feature designed to optimize space and traffic flow. The second Corridor 2, from Pandit Nehru Bus Station (PNBS) to Penamaluru, will extend12.45 kilometers with 12 stations. The tenders, floated under the EPC model, aim to streamline the entire process of design, procurement, and construction by engaging single contractors, ensuring efficient project execution and cost management. The project is targeted for overall completion within 30 months from the commencement date, with the double-decker flyover specifically slated for completion within 24 months. This development follows the recent signing of a Memorandum of Understanding (MoU) with TYPSA Consultancy, which has been designated as the general consultant for the Vijayawada Metro project. TYPSA will oversee the planning, design, and construction phases, ensuring adherence to international best practices. The Vijayawada Metro Rail Project is being developed as a joint venture, with both the Central and State governments contributing 20% each to the project cost. The remaining 60% is expected to be secured through soft loans from foreign banks, with guarantees from the Central government. The state's share for the Vijayawada project, amounting to Rs 3,497 crores, will be contributed by the Capital Region Development Authority (CRDA). Once operational, the Vijayawada Metro is expected to revolutionize urban travel in the city, providing a fast, efficient, and environmentally friendly mode of transport. It is also anticipated to be a catalyst for economic growth and urban development along its corridors.
Hans India
28-07-2025
- Business
- Hans India
Vijayawada Metro Rail Project: Tenders Invited for 38.4 Km Phase 1 Construction
Andhra Pradesh Metro Rail Corporation has invited tenders for the Vijayawada Metro Rail Project. These tenders have been called under the EPC (Engineering, Procurement, and Construction) model. In Phase 1, metro construction will take place along two corridors covering a total of 38.4 km. Corridor 1 : From Nehru Bus Stand to Gannavaram Bus Stand : From Nehru Bus Stand to Gannavaram Bus Stand Corridor 2: From Bus Station to Penamaluru As part of Corridor 1, a 4.7 km double-decker flyover will also be constructed. The project will include 32 metro stations and one underground metro station. It is already known that tenders have also been invited for the Visakhapatnam Metro Rail Project.
News18
27-07-2025
- Business
- News18
Andhra Cabinet Clears Rs 80,000 Cr Investment Push, Metro Projects Get Green Light
The minister said these approvals are expected to generate 1.5 lakh jobs, positioning Andhra Pradesh as a preferred destination for investors. The Andhra Pradesh cabinet on Thursday approved investment proposals worth Rs 80,000 crore, including inviting tenders for the Vizag metro and approving the Vijayawada metro, said Information and Public Relations Minister K Parthasarathy. 'Investment proposals worth nearly Rs 80,000 crore were approved. Up to 1.5 lakh jobs are expected from these investments," said Parthasarathy, addressing a press conference at the secretariat. The cabinet approved the Andhra Pradesh Electronic Components Manufacturing Policy 4.O, aimed at developing electronic industries in the state, he said. It also cleared the allocation of 4.45 acres of land to Phenom People Pvt Ltd in Vizag for an investment of Rs 200 crore, expected to generate 2,500 jobs. Further, Parthasarathy said the cabinet approved 3.6 acres of land for Sify Infinity Spaces at Madhurawada IT Hill and another 50 acres at Paradesipalem in Vizag at Rs 50 lakh per acre, facilitating a Rs 16,466 crore investment to establish the port city as a data hub. 'This strategic development will position Visakhapatnam as a key data hub, attracting technology-based firms and enhancing the state's capabilities in cloud computing, data storage, and digital services," he added. The cabinet also approved the allocation of 30 acres in Madhurawada to Sattva Developers Pvt Ltd at Rs 1.5 crore per acre for a proposed investment of Rs 15,000 crore, and 2.5 acres to ANSR Global Corporation Pvt Ltd at Madhurawada for an investment of Rs 1,000 crore. It approved a proposal to invite tenders for up to 40 per cent of phase I works of the Visakhapatnam Metro Rail project, to be executed under a 50:50 government joint venture, at an estimated cost of Rs 11,498 crore, added the minister. Similarly, it granted in-principle approval for phase I of the Vijayawada Metro Rail Project with two corridors, estimated at Rs 10,118 crore. The project will also follow a 50:50 equity funding model, with the tendering process and Notice to Proceed (NTP) subject to approval from the ministry of housing and urban affairs. The cabinet ratified key activities under the Andhra Pradesh Mineral Development Corporation's (APMDC) 2025-26 second tranche bond issuance, including acceptance of a Rs 5,526 crore subscription amount. Among other decisions, it approved the allocation of an 800 MW pumped storage power project at Owk in Nandyal district to RVR Projects Pvt Ltd, the minister said. The cabinet also approved the Green Hydrogen Valley Declaration recently announced in Amaravati. It accepted the report submitted by Justice (Retd) M Satyanarayana Murthy on the stampede that occurred at Padmavathi Park in Bairagipatteda, Tirupati, on January 8, 2025. Additionally, it cleared incentives for the development of luxury hotels by ITC Hotels Ltd and Lansum Leisures & Entertainment LLP in Vizag, among other proposals. . view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
25-07-2025
- Business
- News18
Andhra Pradesh: Vizag And Vijayawada Get Green Signal For Mega Rail Projects, Know More
Vijayawada Metro's Phase I with two corridors has received in-principle approval. The Andhra Pradesh cabinet on Thursday approved investment proposals worth Rs 80,000 crore, including inviting tenders for the Vizag metro and approving the Vijayawada metro, said Information and Public Relations Minister K Parthasarathy. The minister said these approvals are expected to generate 1.5 lakh jobs, positioning Andhra Pradesh as a preferred destination for investors. 'Investment proposals worth nearly Rs 80,000 crore were approved. Up to 1.5 lakh jobs are expected from these investments," said Parthasarathy, addressing a press conference at the secretariat. The cabinet approved the Andhra Pradesh Electronic Components Manufacturing Policy 4.O, aimed at developing electronic industries in the state, he said. It also cleared the allocation of 4.45 acres of land to Phenom People Pvt Ltd in Vizag for an investment of Rs 200 crore, expected to generate 2,500 jobs. Further, Parthasarathy said the cabinet approved 3.6 acres of land for Sify Infinity Spaces at Madhurawada IT Hill and another 50 acres at Paradesipalem in Vizag at Rs 50 lakh per acre, facilitating a Rs 16,466 crore investment to establish the port city as a data hub. The cabinet also approved the allocation of 30 acres in Madhurawada to Sattva Developers Pvt Ltd at Rs 1.5 crore per acre for a proposed investment of Rs 15,000 crore, and 2.5 acres to ANSR Global Corporation Pvt Ltd at Madhurawada for an investment of Rs 1,000 crore. It approved a proposal to invite tenders for up to 40 per cent of phase I works of the Visakhapatnam Metro Rail project, to be executed under a 50:50 government joint venture, at an estimated cost of Rs 11,498 crore, added the minister. Similarly, it granted in-principle approval for phase I of the Vijayawada Metro Rail Project with two corridors, estimated at Rs 10,118 crore. The project will also follow a 50:50 equity funding model, with the tendering process and Notice to Proceed (NTP) subject to approval from the ministry of housing and urban affairs. The cabinet ratified key activities under the Andhra Pradesh Mineral Development Corporation's (APMDC) 2025-26 second tranche bond issuance, including acceptance of a Rs 5,526 crore subscription amount. Among other decisions, it approved the allocation of an 800 MW pumped storage power project at Owk in Nandyal district to RVR Projects Pvt Ltd, the minister said. The cabinet also approved the Green Hydrogen Valley Declaration recently announced in Amaravati. It accepted the report submitted by Justice (Retd) M Satyanarayana Murthy on the stampede that occurred at Padmavathi Park in Bairagipatteda, Tirupati, on January 8, 2025. Additionally, it cleared incentives for the development of luxury hotels by ITC Hotels Ltd and Lansum Leisures & Entertainment LLP in Vizag, among other proposals. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hans India
25-07-2025
- Business
- Hans India
Govt to invite tenders for Vij, Visakha Metro today
Vijayawada: In a significant step towards boosting urban transportation infrastructure, the state government is all set to initiate work on the Vijayawada and Visakhapatnam Metro Rail Projects, with the formal tender process scheduled to begin on Friday. According to official sources, the first phase of the Vijayawada Metro Rail Project is estimated to cost Rs 10,118 crore, while the Visakhapatnam Metro Rail project is projected at Rs 11,498 crore. These high-value tenders will mark a crucial step in realising long-pending metro ambitions in the two key cities of the state. The metro rail projects are jointly funded by the Centre and the state government, under the public-private partnership (PPP) and viability gap funding (VGF) models. The Centre is expected to extend financial support under the Metro Rail Policy 2017, which encourages state governments to plan urban mass transit systems based on economic feasibility and sustainable urban development. As part of its financial commitment, the Capital Region Development Authority (CRDA) will allocate Rs 3,497 crore for the Vijayawada metro, while the Visakhapatnam Metropolitan Region Development Authority (VMRDA) will contribute Rs 4,101 crore for the Visakhapatnam metro. The Vijayawada metro, originally proposed during the bifurcation of Andhra Pradesh, is intended to decongest city traffic and improve connectivity in the rapidly urbanising Amaravati capital region. The first phase is likely to cover around 26 kilometers, connecting key city nodes including the Pandit Nehru Bus Station (PNBS), Vijayawada Railway Station, and surrounding urban clusters. On the other hand, the Visakhapatnam metro project, planned in three corridors spanning a total of 76.9 kilometers, aims to integrate the city's industrial, educational, and coastal belts. The first phase will cover the 28-kilometre stretch from Steel Plant to Kommadi, passing through heavily populated urban areas and key junctions like Gajuwaka, NAD Junction, and Maddilapalem.
