Maharashtra government releases pending funds to MRVC for completion of rail projects

AFTER A delay of over two years later, the state government has started releasing its share of pending funds to the Mumbai Rail Vikas Corporation (MRVC) for completing the ongoing railway infrastructure-related projects in Mumbai Metropolitan Region (MMR).

Earlier this month, the MMRDA had released Rs 150 crore and another instalment of Rs 150 crore was released this week for Mumbai Urban Transport Projects (MUTP) 2 and 3 projects. An official said even though they have received Rs 300 crore so far for the MUTP 2 and 3 projects, Rs 700 crore is still due for the other projects.

MRVC CPRO Sunil Udasi confirmed that they have received Rs 300 crore from the state government through MMRDA.