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  1. Counts and the pipeline for this region come first; the tabs list its buyers, players and tenders.
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  3. Capex, pipeline value and the market narrative open with this market's edition.

Kerala

5 buyers · 6 tenders · checked 2026-09-06

Kochi Water Metro India's only operating water metro; Kochi Metro Pink Line under construction; ₹3,800 cr Sabari line sanctioned; 583 km RRTS proposal replaces SilverLine.

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1Metro systems operating
1Water metro systems
5Buyers tracked
6Tenders tracked
Live pipeline
₹5,000–7,500 cr tracked (Kochi Metro Phase 2 programme + Sabari rail sanction + water-metro fleet buys)
Technology areas
Rolling-stock hardware, Electrification, Track & civil, Digital operations, Signalling & train control, Predictive maintenance

Key figures

Kochi Metro operational network≈28.1 km, 1 line, 25 stations (Aluva–Tripunithura)Kochi Metro operational network
2 sources · all secondary
  • ○ Wikipedia (cross-checked) · Kochi Metro (published 2026 · checked 2026-08-20)
  • ○ Metro Rail News · Kochi Metro project page (Pink Line commissioning now indicated 2027) (published 2026-08 · checked 2026-08-20)
Kochi Metro ridershipDaily ridership crossed 1 lakh in FY2025-26Kochi Metro ridership
2 sources · all secondary
  • ○ Metro Rail News · Kochi Metro records highest operating profit, FY2025-26 (published 2026-08-01 · checked 2026-08-20)
  • ○ Wikipedia (cross-checked) · Kochi Metro (published 2026 · checked 2026-08-20)
Kochi Water Metro6 routes, 10 terminals operational; fleet ≈20 boats in service (of 23 ordered; 3 in build)Kochi Water Metro — India's only operational water metro
2 sources · all secondary
  • ○ Wikipedia (cross-checked) · Kochi Water Metro (published 2026 · checked 2026-08-20)
  • ○ Construction World · Kochi Water Metro plans major fleet expansion (20 boats in fleet; 3 in build; 15-boat retender; 40 via PPP; airport route study) (published 2026-01-23 · checked 2026-08-20)
Kochi Water Metro ridershipOver 50 lakh cumulative passengers by Sept 2025Kochi Water Metro ridership
2 sources · 1 primary

Buyers

Tenders

TenderBuyerStatusValue bandNext key date
15 additional electric ferries retenderKWMLRetendervalue not published
Third-rail 750V DC traction auxiliary substations Phase 2KMRLBids closed₹400–500 crBids closed January 2026 · award expected
KBC-3 Pink Line elevated viaduct 10 stationsKMRLAwarded₹1,000–1,500 crAwarded June 2024
KBE-01 E&M works Phase 2 stationsKMRLAwardedvalue not published
23 hybrid-electric water-metro ferries Cochin ShipyardKWMLIn execution₹150–200 cr
Angamaly–Erumeli Sabari new broad-gauge line 14 stationsSR (Kerala)Planned₹3,500–4,000 cr

Cities

CityNetwork statusNetworks
Kochioperational (metro + water metro) + Phase 2 metro constructionKochi Metro (Blue Line; Pink Line under construction); Kochi Water Metro
Thiruvananthapurammetro proposed — DPR stalled on population norm
Kozhikodemetro proposed — DPR stalled on population norm

Players with a footprint here

PlayerKindFootprint
KPILTrack & electrification contractorHeadquarters
AfconsCivil contractorHeadquarters
AIIBFunder / investorOffice

Withheld in the free surface

  • Market narrative
  • Indian Railways allocation (3)

Full detail withheld: 2 fields. In the India edition · See a fully open example

  • Kochi metro p2 (3)
  • Water metro programme (4)
  • Water metro national model (3)
  • Kmrl financials (4)
  • Kerala heavy rail (3)

Full detail withheld: 5 fields. In the India edition · See a fully open example

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Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.