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October 19th, 2011
Indian Metro Rail To Go High On Technology

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The state government may be pitching for the ambitious metro rail project, but the biggest hurdle it is likely to face is escalating costs as now the metro will be extended beyond Ahmedabad to Dholera. The original plan was to connect Ahmedabad to Gandhinagar, but covering such a short distance did not seem financially viable. In order to make it affordable while widening the scope, Metro-link Express for Gandhinagar and Ahmedabad (MEGA) Company, the special purpose vehicle (SPV) executing the project, has decided to cut down on the frills. Read More