01 Jun2026
MMRDA Seeks ₹9,950 Crore Loan for Metro Line 5A and 12A Projects
The Mumbai Metropolitan Region Development Authority (MMRDA) is seeking loans totaling ₹9,950 crore for Metro Line 5A and Metro Line 12A. These projects are expected to enhance connectivity between Kalyan, Ulhasnagar, Navi Mumbai, and Taloja, leading to reduced congestion, travel time, and vehicle emissions.
Source: Free Press Journal