MMRDA invited investors for infrastructure projects worth Rs 1 Trillion
ECONOMY & POLICY

MMRDA invited investors for infrastructure projects worth Rs 1 Trillion

The Mumbai Metropolitan Region Development Authority (MMRDA) has reportedly, called on domestic and international investors to fund its infrastructure development projects that are estimated to be worth around Rs 1 trillion.   

As reported, the MMRDA Commissioner R A Rajeev engaged in discussions with representatives of 16 financial institutions that consisted of TATA AIA Life, Goldman Sachs, Reliance, Enama Holdings, Nippon Life Asset Management, Nippon Life Company, Principal Asset Management, Suyash Advisors, Invesco Mutual Fund, IDBI Federal Life Insurance, Quantum Advisors, Avendus Capital, Aviva Life Insurance Co, HDFC Asset Management, Tata Asset Management and CPP Investment Board.

The town planning body has a range of projects lined up, spread across the metropolitan region that include the Mumbai-Trans Harbour Link, a multi-modal corridor and the 14 line metro network that is 337 km long. All projects combined provide investors with business opportunities that reportedly run into thousands of billions.  

Up until now, the authority’s projects that are being implemented on an EPC basis have seen investments from agencies like the World Bank, Asian Development Bank and Japan International Cooperation Agency.

The Mumbai Metropolitan Region Development Authority (MMRDA) has reportedly, called on domestic and international investors to fund its infrastructure development projects that are estimated to be worth around Rs 1 trillion.   As reported, the MMRDA Commissioner R A Rajeev engaged in discussions with representatives of 16 financial institutions that consisted of TATA AIA Life, Goldman Sachs, Reliance, Enama Holdings, Nippon Life Asset Management, Nippon Life Company, Principal Asset Management, Suyash Advisors, Invesco Mutual Fund, IDBI Federal Life Insurance, Quantum Advisors, Avendus Capital, Aviva Life Insurance Co, HDFC Asset Management, Tata Asset Management and CPP Investment Board.The town planning body has a range of projects lined up, spread across the metropolitan region that include the Mumbai-Trans Harbour Link, a multi-modal corridor and the 14 line metro network that is 337 km long. All projects combined provide investors with business opportunities that reportedly run into thousands of billions.  Up until now, the authority’s projects that are being implemented on an EPC basis have seen investments from agencies like the World Bank, Asian Development Bank and Japan International Cooperation Agency.

Next Story
Infrastructure Energy

India Sees Strong Growth in Key Mineral Production in FY26

Following healthy production levels in the previous financial year (FY25), India has continued to witness strong growth in the production of several key minerals during the current fiscal year, the Ministry of Mines reported.Bauxite production rose from 1.87 million metric tonnes (MMT) in April 2024 to 2.13 MMT in April 2025, marking a growth of 13.9 per cent. Limestone output also increased, albeit more modestly, from 39.58 MMT to 40.5 MMT over the same period, up 1.2 per cent.Lead and zinc ore production grew from 1.24 MMT to 1.27 MMT, representing a 2.4 per cent rise. Zinc concentrate produ..

Next Story
Infrastructure Urban

Vedanta Explores Biodiesel Use to Cut Emissions in Odisha

On World Environment Day, Indian mining and metals giant Vedanta Ltd announced plans to explore the use of biodiesel in its commercial vehicle fleet at the Jharsuguda township in Odisha.Vedanta Aluminium, a subsidiary of the group, said it has committed to decarbonising 100 per cent of its light motor vehicle fleet by 2030. As part of this initiative, the company is evaluating biodiesel following successful pilot runs to assess its viability in its commercial vehicles.In addition, Vedanta has started using biomass briquettes made from agricultural residue for co-firing at its Lanjigarh alumina..

Next Story
Infrastructure Transport

Delhi CM Announces Rs 240 Bn Infrastructure Overhaul

Delhi Chief Minister Rekha Gupta has unveiled a Rs 240 billion infrastructure overhaul aimed at transforming the Capital’s road network.Speaking at a press conference on Wednesday, Gupta announced that key arterial roads — Rohtak Road (Punjabi Bagh to Nangloi), Ashram to Badarpur, and MG Road — have now been transferred to the National Highways Authority of India (NHAI). These routes will be upgraded into signal-free corridors featuring comprehensive infrastructure upgrades, including drainage systems, side lanes, and real-time monitoring technologies.“Previously, multiple agencies res..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?