The Mumbai Metropolitan Region Development Authority (MMRDA) has signed non-binding lines of credit worth over Rs 4 trillion from various financial institutions. The proceeds are planned to be utilised for infrastructure development in the Mumbai Metropolitan Region (MMR). The financial institutions include, the Housing and Urban Development Corporation (HUDCO) committing Rs 1.5 trillion, the Rural Electrification Corporation (REC) Rs 1 trillion, the Power Finance Corporation Rs 1 trillion, and the Indian Railway Finance Corporation (IRFC) Rs 500 billion.
LATEST
- [ May 6, 2026 ] State-of-the-art ship repair facility at Vadinar, Gujarat gets approved Ports & Shipping
- [ May 6, 2026 ] Defence Ministry signs Rs 14.76 billion deal with BEL for ground-based electronic systems Telecom
- [ May 6, 2026 ] NHSRCL launches five 1,360 mt portal beams at Amdavad-Vadodara rail section at Maninagar in Ahmedabad, Gujarat Railways
- [ May 6, 2026 ] KKR-backed Vertis Infra Trust eyes Rs 30 billion IPO Roads and Bridges
- [ May 6, 2026 ] NTPC declares commercial operation of 100 MW at Ramagundam solar project Power
- [ May 6, 2026 ] Cabinet approves two semiconductor manufacturing units with cumulative investment of Rs 39.36 billion Telecom
- [ May 6, 2026 ] Enabling Connectivity: NHIDCL’s role in Northeast and border road development Roads & Bridges
- [ May 6, 2026 ] Critical Links: Uttar Pradesh emerges as a front runner in expressway expansion Roads & Bridges
- [ May 5, 2026 ] Towards a Smarter Grid: Digital initiatives to make the distribution system more intelligent and resilient Power
- [ May 5, 2026 ] Ramping Up: Maharashtra takes initiatives to meet its long-term renewables targets Power
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE