BMC allocates Rs 10 bn to MMRDA for upgrades

28 Mar 2024 CW Team

The Mumbai Metropolitan Region Development Authority (MMRDA) announced that it had received Rs 10 billion from the Brihanmumbai Municipal Corporation (BMC) to facilitate the enhancement of public infrastructure in Mumbai. It was disclosed that the allocated funds would be utilized for the development of metro rail corridors. This contribution marked a portion of the total Rs 50 billion that the BMC was obligated to provide to the MMRDA, which serves as the planning authority for Mumbai and its metropolitan vicinity.

It was mentioned that several multimodal projects, including a metro rail endeavor valued at Rs 198 billion, had been successfully concluded. According to the policy set forth by the Centre, it was mandated that 25% of the funding be sourced from the local municipal corporation, in this instance, the BMC. An additional 25% was anticipated to be contributed by the state government and the implementing agency. The remaining 50% of the project expenditure was slated to be procured through loans.

The Mumbai Metropolitan Region Development Authority (MMRDA) disclosed that it was actively involved in the operation and construction of a cumulative 337 km of metro rail lines. At present, a segment measuring 20 km, encompassing Lines 7 and 2A between Gundavali-Dahisar-Andheri West, had commenced operations. Concurrently, efforts were underway for the construction of other metro corridors, such as Lines 2B (DN Nagar-Mandale), 4 (Wadala-Kasarvadvali), and 6 (Swami Samarth Nagar-JVLR-Kanjurmarg). Furthermore, it was revealed that MMRDA had intentions to acquire Metro-1 on the Versova-Andheri-Ghatkopar corridor from Mumbai Metro One. Approval amounting to Rs 40 billion for this acquisition had been granted by the state cabinet.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..