Mumbai Water Metro Plan Due in 3 Months, Says Rane

20 Jun 2025 CW Team

Maharashtra Fisheries and Ports Minister Nitesh Rane has directed officials to submit a development plan for the proposed Mumbai Water Metro within three months, urging swift action on what is expected to become a key alternative transport system for the city.

The directive follows the submission of a feasibility study by Kerala-based Kochi Metro Rail Limited (KMRL), which was tasked with preparing a survey report for the initiative. The Rs 2.5 billion project aims to improve urban mobility by connecting key waterfront locations such as Bandra, Worli, Versova, south Mumbai, and Navi Mumbai.

Rane emphasised that routes with maximum commuter benefit must be prioritised, while ensuring affordable ticket pricing to encourage adoption. “The water metro will offer seamless connections between the suburbs and city centre, including links between south Mumbai and Navi Mumbai,” he stated.

He added that terminals and jetties should be developed on the lines of metro stations and integrated with other modes of transport for commuter convenience.

According to the KMRL report, the proposed plan includes 29 terminals and 10 routes, alongside passenger facilities and boat procurement. Rane stressed the importance of considering Mumbai’s vast water transport potential during planning, stating, “Work on the water metro must begin as soon as possible.”

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..