Maharashtra Sanctions Rs.11.63 Bn for Metro-3 Project

02 Jul 2024 CW Team

Maharashtra state government has sanctioned ?11.63 Bn for the Mumbai Metro-3 project, a significant boost towards advancing this crucial infrastructure initiative in Mumbai. The funding allocation aims to accelerate the construction and completion of Metro-3, which is set to enhance urban mobility and alleviate traffic congestion in the bustling city.

The Mumbai Metro-3 project, also known as the Colaba-Bandra-SEEPZ corridor, is a key component of Mumbai's metro expansion plans. It spans across 33.5 kilometres and aims to connect major business hubs, residential areas, and educational institutions, catering to the growing transportation needs of Mumbai's residents.

The sanctioned funds will be utilised for various aspects of the project, including construction, procurement of equipment, and ensuring timely completion of different phases. This financial support underscores the state government's commitment to enhancing public transportation infrastructure and promoting sustainable urban development in Mumbai.

Metro-3 is expected to significantly reduce travel time, provide a comfortable commuting experience, and contribute to reducing vehicular congestion and pollution in Mumbai. The project is also aligned with Maharashtra's vision to create modern, efficient, and environmentally friendly transportation systems that support economic growth and improve the quality of life for residents.

The approval of ?11.63 billion marks a critical step forward in realising the Mumbai Metro-3 project's goals, reinforcing its importance in transforming Mumbai's urban transport landscape and meeting the city's growing mobility demands.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..