Mumbai, July 10 (IANS) Reliance Infrastructure Limited on Friday said its subsidiary Mumbai Metro One Private Limited (MMOPL) has entered into a debt restructuring agreement with the National Asset Reconstruction Company Limited (NARCL), resulting in a debt reduction of more than Rs 1,100 crore and the withdrawal of insolvency proceedings against the company.In a regulatory filing, Reliance Infrastructure said MMOPL — a joint venture in which it holds a 74 per cent stake and the Mumbai Metropol…
Latest Mumbai Metropolitan Region Development Authority News & Updates
Mumbai, June 25 (IANS) Maharashtra Industries Minister Uday Samant on Thursday announced that the government will set up a high-level committee under the chairmanship of veteran nuclear scientist Dr Anil Kakodkar to comprehensively study the impact of data centre projects on water, power, the environment, global warming and the livelihoods of local citizens.Minister Samant made the announcement in the Legislative Council, adding that the government would request Dr Kakodkar to accept the chairma…
Mumbai, June 9 (IANS) Ahead of the monsoon season, the Mumbai Metropolitan Region Development Authority (MMRDA) has activated a comprehensive, technology-driven preparedness plan across the Maha Mumbai Metro network on Lines 2A, 2B, 7, and 9, aiming to ensure safe, reliable, and uninterrupted passenger services during heavy rainfall and adverse weather conditions.This year is particularly significant as Metro Lines 2B and 9 will be navigating their first operational monsoon season, a government …
Mumbai, May 22 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Friday directed all departments to effectively discharge their responsibilities with a strong focus on disaster mitigation. He also instructed officials to initiate the development of an AI-based integrated Command and Control System to strengthen disaster management and emergency response across Maharashtra. He was speaking at the review meeting regarding the ‘Pre-Monsoon Preparedness and Disaster Management’.“Every monsoon…
Mumbai, May 18 (IANS) With the onset of the southwest monsoon approaching, the Mumbai Metropolitan Region Development Authority (MMRDA) has initiated an extensive multi-tier monsoon preparedness and emergency-response framework across all ongoing metro and infrastructure projects in the Mumbai Metropolitan Region.Recognising the critical importance of uninterrupted urban mobility, construction safety, drainage management and emergency responsiveness during the monsoon season, MMRDA has placed st…
Mumbai, May 9 (IANS) In a major step towards building Mumbai’s next-generation underground mobility network, the Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a major engineering milestone in the Orange Gate underground road tunnel project, one of the city’s most strategically important east-west connectivity corridors. The MMRDA has successfully completed approximately 250 metres of underground tunnelling using advanced Slurry Shield Tunnel Boring Machine technolo…
New Delhi, April 13 (IANS) The ISI-backed espionage module, which the Ghaziabad Police first busted, had surveyed sensitive locations such as naval facilities and airport zones in Mumbai. They were in the process of installing solar-powered CCTV cameras at these locations and were planning to send the live feed to their handlers in Pakistan. An investigating official said that the module was not just limited to conducting a reconnaissance in Delhi, Ghaziabad, Punjab and Jammu and Kashmir. They h…
Mumbai, March 30 (IANS) In a move to transform Mumbai into a slum-free city, Maharashtra Deputy Chief Minister Eknath Shinde on Monday announced the Hinduhrudaysamrat Balasaheb Thackeray Urban Public Welfare Campaign. The initiative aims to accelerate slum redevelopment while simultaneously deploying the advanced NETRAM (Network for Encroachment Tracking and Reporting for Mumbai) technology to prevent new illegal encroachments.He stated that this significant campaign, launched during the …
Mumbai, March 13 (IANS) Industries Minister Uday Samant on Friday said in the Legislative Assembly that Maharashtra continues to be the premier destination for investment in India. Responding to a proposal under Rule 293, the Minister revealed that the state has secured Memorandums of Understanding (MoUs) worth over Rs 31 lakh crore during the 2026 World Economic Forum in Davos.For the third consecutive year, Maharashtra has maintained its top position in attracting Foreign Direct Investment (FD…
Mumbai, March 6 (IANS) In the Maharashtra State Budget 2026-27, Chief Minister Devendra Fadnavis on Friday outlined a major shift in urban governance, projecting that 70 per cent of the state’s population will live in urban areas by 2047 and contribute nearly 80 per cent of Maharashtra’s GDP.The state aims to expand the Metro network to 1,200 km and the expressway network to more than 6,000 km. Key projects in Mumbai include Metro Line 11 (Wadala to Gateway of India), a fully underground cor…