ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

MMRDA approves Rs 12,000 crores Infra Push for Metro Projects to have last-mile connectivity

The Mumbai Metropolitan Region Development Authority (MMRDA) on Tuesday approved 19 key infrastructure contracts worth over Rs 12,000 crore at its 284th Executive Committee meeting, with an aim to accelerate Metro Rollout and Smart Transport Systems.

ANI Jun 24, 2025 15:10 IST googleads

Mumbai Metro (File Photo/ANI)

New Delhi [India], June 24 (ANI): The Mumbai Metropolitan Region Development Authority (MMRDA) on Tuesday approved 19 key infrastructure projects worth over Rs 12,000 crore at its Executive Committee meeting, to accelerate Metro Rollout and Smart Transport Systems.

"These projects will accelerate economic activity, enhance urban mobility, and improve the quality of life for every citizen. This is not merely an investment in metro corridors, it is a strategic advancement towards a smarter, more connected Maharashtra," said Maharashtra Chief Minister Devendra Fadnavis.

Major approvals include a substantial ₹4,788 crore contract to Larsen & Toubro Ltd. for integrated systems on Metro Line 4 & 4A, encompassing rolling stock, signalling, and depot equipment with five years of maintenance. Civil works for Metro Line 4A saw a revised approval of ₹557.55 crore, while L&T will also undertake ₹188.59 crore ballastless trackwork for Metro Line 4.

Metro Line 6 received significant allocations, with IRCON International Ltd. securing a ₹668.15 crore contract for power supply and E&M systems, and NCC Ltd. awarded ₹2,269.66 crore for rolling stock and signalling systems.

Additionally, Multi-modal integration works for Metro Line 4 & 4A, valued at ₹535.08 crore, were divided into four packages among various JVs. Other notable contracts include AFC systems for Metro Line 4 & 4A (Aurionpro Solutions Ltd., ₹249.97 Cr), OHE and power distribution for Metro Lines 9 & 7A (Leena Powertech-Umesh Brothers Consortium, ₹118.28 Cr), and ballastless track for Metro Line 2B (Paras Railtech Pvt. Ltd., ₹99.99 Cr). The MTHL Package-4 also saw a revised contract cost of ₹551.41 crore for ITS and toll management systems.

"With over ₹12,000 crore of strategic investments, we are advancing toward a seamless, sustainable, and inclusive metro network and other Infrastructure that will define the next era of urban mobility for the state," Deputy Chief Minister and Chairman MMRDA Eknath Shinde said.

"The focus remains on enhancing last-mile connectivity, accelerating commissioning timelines, and delivering commuter-centric infrastructure that supports seamless, multimodal movement across the MMR," Sanjay Mukherjee, IAS, Metropolitan Commissioner, MMRDA, stated. (ANI)

Get the App

What to Read Next

Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Business

Finkurve Financial Services Limited (Arvog)

Finkurve Financial Services Limited (Arvog)

Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company's growth trajectory within India's secured lending ecosystem.

Read More
Business

Producer-Actor Adarsh Gunduraj Launches Trailer of ‘Calendar’

Producer-Actor Adarsh Gunduraj Launches Trailer of ‘Calendar’

New Delhi [India], March 12: The team behind the upcoming women-centric film Calendar unveiled the trailer during a press conference in Mumbai on March 12, 2026. They took the opportunity to share insights about the project and its concept with the media.

Read More
Business

With India’s Fasteners Market Projected at USD 17 Billion by 2034

With India’s Fasteners Market Projected at USD 17 Billion by 2034

New Delhi [India], March 12: The Indian fasteners market continues to demonstrate strong momentum, having reached USD 11.2 billion in 2025 and is projected by the IMARC Group to surge to USD 17.0 billion by 2034, reflecting a robust CAGR of 4.67% during 2026-2034. This dynamic growth is fueled by the expansion of the automotive, construction, and industrial sectors, as well as increasing demand for high-performance, lightweight fasteners, and strategic government initiatives such as "Make in India." In this thriving context and to boost domestic manufacturing, Messe Stuttgart India has launched FASTNEX 2027 with its highly anticipated Signature Edition, set to take place from 8th to 10th February 2027 at the Bombay Exhibition Centre, Mumbai. The event stands as a crucial platform for industry professionals to showcase innovative products, access market intelligence, foster collaborations, and expand their business networks, ultimately contributing to the overall advancement of India's manufacturing sector.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.