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MMRDA secures Rs 31,673 cr loan from PFC to accelerate Mumbai's infrastructure
The Business Guardian
|September 27, 2024
The Mumbai Metropolitan Region Development Authority (MMRDA) has successfully secured a loan of Rs 31,673.79 crores from the Power Finance Corporation (PFC).
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According to MMRDA, this loan will fund nine key infrastructure projects that promise to transform the Mumbai Metropolitan Region's (MMR) transportation network, enhancing connectivity, boosting economic growth, and improving the overall quality of life for its citizens.
A formal agreement was signed on Wednesday between MMRDA and PFC, marking the financial closure of several critical infrastructure initiatives.
Cette histoire est tirée de l'édition September 27, 2024 de The Business Guardian.
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