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Maharashtra Govt Releases Rs 1.43 Bn for MUTP-III Works

2025-09-09

The Maharashtra government has released Rs 1.43 billion to the Mumbai Railway Vikas Corporation (MRVC) to carry out works under the Mumbai Urban Transport Project (MUTP)-III, aimed at reducing congestion on the city’s suburban railway network.

According to a government resolution (GR) issued by the Urban Development Department, Rs 1.24 billion of the sanctioned amount has been provided as additional central assistance from the Asian Infrastructure Investment Bank (AIIB). The loan is being routed to MRVC through the Mumbai Metropolitan Region Development Authority (MMRDA).

The state clarified that the disbursed funds are classified as non-recurring assistance and come with strict conditions on their utilisation.

MUTP-III is a critical infrastructure initiative focused on enhancing Mumbai’s suburban rail services, which cater to millions of commuters daily. The fresh disbursement is expected to accelerate project execution and bring relief to one of the busiest urban transport systems in the country.

News source: Mid-Day

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