JICA Concludes Loan for Mumbai Metro Line 3 Phase 1; Inauguration Expected Soon

09 Jul 2024 CW Team

The Japan International Cooperation Agency (JICA) has completed loan assistance for Phase 1 of Mumbai Metro Line 3, paving the way for its upcoming inauguration. This milestone underscores progress towards enhancing urban transportation infrastructure in Mumbai.

Mumbai Metro Line 3, also known as the Colaba-Bandra-SEEPZ corridor, is a crucial project aimed at easing traffic congestion and improving connectivity across Mumbai's densely populated areas. The completion of Phase 1 marks a significant step forward in the project's implementation.

The loan agreement, finalised by JICA, highlights international collaboration and financial support towards India's infrastructure development goals. The funding will facilitate the completion of essential phases of Mumbai Metro Line 3, enhancing urban mobility and reducing travel time for millions of commuters in the city.

The upcoming inauguration of Phase 1, scheduled between July and September, is eagerly anticipated as a major milestone in Mumbai's transportation sector. It is expected to alleviate pressure on existing transportation networks and provide a reliable alternative for daily commuters.

As Mumbai Metro Line 3 progresses towards full operational capacity, stakeholders anticipate significant improvements in urban transportation efficiency and connectivity, contributing to Mumbai's sustainable growth and development objectives.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..