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Cabinet decisions: Fresh metro rail boost to Delhi-NCR, MoUs with Bhutan, UAE.


Date: 14-03-2024
Subject: Cabinet decisions: Fresh metro rail boost to Delhi-NCR, MoUs with Bhutan, UAE
The govt has approved two new Metro rail corridors in Delhi-NCR, minister Anurag Thakur announced at a Cabinet briefing on March 13.


Under the new plan, two corridors will link Lajpat Nagar to G Block in Saket and Inderlok to Indraprastha. The combined length of the project will be approximately 20 km.


The two corridors of Delhi Metro Phase-IV will entail a total project cost of Rs 8,399 crore, it was announced.

There will be about 8.4-kilometer metro line from Lajpat Nagar to Saket G Block. It will have eight stations. The second is from Inderlok to Indraprastha, this will be a metro line of about 12.4 kilometres. It will be completed by March 2029.

The approval for the project comes just days before the dates for the Lok Sabha elections are announced.


The Cabinet also gave its nod to the MoU between India and Bhutan for general supply of Petroleum, Oil, Lubricants (POL) and related products from India to Bhutan.


The Cabinet also approved Inter-Governmental Framework Agreement India and United Arab Emirates on cooperation for the empowerment and operation of the India-Middle East Europe Economic Corridor.


The aim of the IGFA is to enhance the bilateral relations and to further strengthen the relations between the two countries in the Ports, Maritime and Logistics sectors.


The IGFA includes areas of cooperation between the two countries with the objective of exploring further potential of future joint investment and collaboration in respect of development of the IMEC.


Besides, an MoU between India and Bhutan on co-operation in the field of Energy Efficiency and Energy Conservation Measures also got the green light.


As part of this MoU, India aims to help Bhutan enhance energy efficiency in the household sector by promoting star labeling programme developed by Bureau of Energy Efficiency. The formulation of building codes, to suite the climate condition of Bhutan, will be facilitated based with India's experience. Creation of a pool of energy profession ..

 Source Name : Economic Times

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