MMRDA Explores One-Time Debt Settlement for Mumbai Metro Line 1

The Eknath Shinde government has postponed its plans to purchase Mumbai Metro Line 1. Instead, the State Cabinet has instructed the executive committee of the Mumbai Metropolitan Region Development Authority (MMRDA) to consider a one-time settlement of the Rs 1,700 crore debt owed by Mumbai Metro One Pvt Ltd (MMOPL). Mumbai Metro Line 1, the […]