Now, railways banks on mega bloc to lay new suburban lines


Now, railways banks on mega bloc to lay new suburban lines

For the first time railway infrastructure projects in the city may be extended loans by the New Development Bank (NDB), once called the BRICS bank.

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The Mumbai Railway Vikas Corporation (MRVC), which is to execute the Mumbai Urban Transport Project (MUTP) 3 and 3A for capacity expansion on the suburban network, is in negotiations with the NDB.  Read More

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