The phase II project of the Chennai Metro has avoided major hurdles after the Ministry of Urban Development (MoUD) on Monday (10 December) clarified it is not mandatory for ‘Made in India’ trains to operate, reports the Hindu.
According to sources cited it the report, the MoUD waved green flags for the expansion of the project, because the loan with Japan International Cooperation Agency (JICA), demanded that the major components need to be from Japan only.
Earlier, the state government was informed by the MoUD that Chennai Metro Rail phase II will need to have trains made in India. However, the loan from JICA came at the condition that 30 per cent of the components of trains and signalling system need to be from Japan, leading to a halt in project’s progress.
However, on Monday (10 December), sources said the condition had been revoked. “We received a communication that [this condition] can be done away with. Read More
Latest posts by swarajyamag.com (see all)
- By 2019 End Travel In Every Single Metro Rail In India Using Just One Smart Card - June 15, 2019
- Indian Railways’ Vande Bharat Express Continues Impeccable Punctuality Record, Beats Shatabdi, Rajdhani - June 15, 2019
- Bengaluru Metro’s Filmy Affair Turns Profitable; BMRCL Earned Rs 24.8 Lakh Since 2013-14 From Film, Ad Shooting - June 13, 2019