The contract between the Bengaluru Metro Rail Corporation Limited (BMRCL) and China's CRRC Corporation Ltd's subsidiary -- Nanjing Puzhen Co. Ltd -- of supplying 216 metro coaches at a cost of Rs 1,578 crore has run into problems. The BMRCL is getting ready to act on the inordinate delay in the supply of coaches, according to Karnataka government sources.
New Delhi: India here on Thursday signed a loan agreement with the European Investment Bank (EIB) for a 300 million euro-financing for the second phase of the Bangalore Metro Rail Project, an official said. The amount for “Phase II Line R6” of the Namma Metro (Our Metro) in Bengaluru represents the first tranche of the […]
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