Under the ‘Atmanirbhar Bharat’ initiative of the Government of India, the Delhi Metro Rail Corporation (DMRC) and Central Electronics Limited (CEL) signed a Memorandum of Understanding (MoU) today for developing various indigenous rail engineering & system technologies.
A joint venture of Hindustan Construction Co. Ltd. (HCC) and VCCL received a contract worth Rs.489 crore from Delhi Metro Rail Corporation Ltd. (DMRC) under Phase IV of the Delhi Metro project. HCC’s share in the JV is 75% (i.e. Rs.367 crore). The work is expected to be completed in three years. The contract is…