MMRDA scouts investors for ₹1 lakh-cr infra projects

MMRDA
The Mumbai Metro Region Development Authority MMRDA is looking for domestic and foreign investors for its ₹1 lakh crore infrastructure projects. Commissioner, MMRDA, R A Rajeev recently met representatives of 16 global and domestic financial institutions, including Goldman Sachs, Reliance, Avendus Capital and Tata AIA Life, among others. MMRDA has undertaken development of various mega projects such as the Mumbai Trans Harbour Link, multi-modal corridor, transit-oriented development, multi-modal integration, including the 14-line 337-km long metro network, among others. The Commissioner assured investors that the projects are being implemented without cost and time overruns and they can extend finances to contracting agencies working with MMRDA without any apprehension.
📅 Published on: 27 September 2019
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