Metro, monorail crawl as MSRDC defaults on Rs1,356-crore MMRDA loan
The Mumbai Metropolitan Region Development Authority (MMRDA) and the Maharashtra State Road Development Corporation (MSRDC) have locked horns over issues of lending.
The former has written a letter to the latter, asking it to be prompt in repaying a loan of close to Rs1,350 crore as the unpaid amount is affecting the metro and monorail projects.
MMRDA metropolitan commissioner (in-charge) SV
Publication Date:
04/03/2011