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Metro-III project

Naidu: Union Govt ready to sanction ring metro rail service for Mumbai

Naidu: Union Govt ready to sanction ring metro rail service for Mumbai
In an announcement made in Mumbai on Tuesday, Union Urban Development Minister Venkaiah Naidu said that the Union Government is ready to give its requisite approval to a ring metro rail service for the city, as well as its neighbouring areas like Thane, if the Maharashtra Government moves such a proposal. Naidu reiterated the Union [...] Continue Reading »

Cabinet nod to Rs 23k cr Metro-III project

Cabinet nod to Rs 23k cr Metro-III project
The state will now extend guarantee to the finances for the project, as the cabinet guide the way. 57% loan of the total project cost will be extended by Japanese International Cooperation Agency. A joint body of Central as well as state government has been formed, as special purpose vehicle (SPV), to take the Rs [...] Continue Reading »



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