News Update

Tata Groups and Siemens to jointly develop the metro corridor for Pune metro.

• ByStartupStory     |    December 28, 2021

TRIL Urban Transport Private Limited (a Tata Group Company) and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services) entered into a joint-venture under Public Private Partnership Route (PPP) to develop the metro corridor from Hinjewadi to Shivajinagar, Pune. The JV will operate under a special purpose company called Pune IT City Metro Rail Limited. 

Managing Director and Chief Executive Officer of Siemens Limited Sunil Mathur said in a statement, “Pune Metro is a prestigious project, and Siemens is glad to be partnering with the Tatas to jointly develop this project. We are confident that the new metro line will play a key role in positively impacting the quality of life of Pune’s citizens to transform their everyday life.”

The metro line will connect Hinjewadi Rajiv Gandhi Infotech Park to Shivajinagar via Balewadi and encompass a  23.3 kms corridor with 23 stations. It will be the first metro project in India under the New Metro Rail Policy. The project is to be completed in 39 months. 

Siemens Limited being a part of the Consortium will provide project management, turnkey electrification, signaling, communications and depot works for this project. The order size of Siemens Limited is to the extent of Rs. 900 crore. A consortium between Siemens AG, Siemens Mobility GmbH, Siemens Limited and Alstom Transport India Limited has been awarded the contract for the electrical and mechanical system works of the project by Pune IT City Metro Rail Limited.

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