The plan to purchase Metro 1 from Anil Ambani is approved by the state cabinet
On 21 May, 2024, the State cabinet approved in principle the acquisition of Ghatkopar-Versova Mumbai Metro One owned by Anil Ambani and Mumbai Metropolitan Region Development Authority (MMRDA). Ambani’s stake is estimated around ₹4,000 Crore. Mumbai Metro One was the first metro that was undertaken under the Build-Operate-Transfer (BOT) policy in 2007. MMRDA has a […]