FrontMumbaiNews

World Bank eyes on Rs 50,000-cr Metro rail projects in Mumbai

With Metro rail projects worth nearly Rs 50,000 crore lined up for execution in Mumbai over the next decade, the World Bank has evinced interest in funding these works at competitive rates, thus opening up more financing options for the city’s development authority. The World Bank had partially financed the Mumbai Urban Transport Project (MUTP), which enhanced the capacity of the city’s suburban railway and road transport network. “The World Bank loan for MUTP came in two components — a loan for the civil works, which was on the higher side at about 4-5 per cent, and another for the rehabilitation and resettlement of project-affected families.
Mumbai Metro

 

NMTV

NMTV was launched in the year 1999, and is Maharashtra only accredited 24-hour, 7-day-a-week local cable news station of Navi Mumbai airing news bulletins and programs in English, Hindi and Marathi. NMTV represents the state-of-the-art in local television news coverage, delivering on a commitment of responsible and community-oriented journalism on an around-the-clock basis.

Related Articles

Back to top button
Close
Close