Reliance Infrastructure achieved Financial Closure for second Mumbai Metro


Anil Ambani Group led, Reliance Infrastructure Ltd., building the First Metro Line in Mumbai, India's financial hub, is likely to start operations of the prestigious Metro next year said on Thursday that for the second line of the Mumbai Metro it had achieved Financial Closure. The second line of Mumbai Metro is expected to cost Rs 115 billion ($ 2.6 billion ).

Anil Ambani Group led, Reliance Infrastructure Ltd., building the First Metro Line in Mumbai, India's financial hub, is likely to start operations of the prestigious Metro next year said on Thursday that for the second line of the Mumbai Metro it had achieved Financial Closure. The second line of Mumbai Metro is expected to cost Rs 115 billion ($ 2.6 billion ). The company which led a consortium won the rights to build the second line last year, signed an Agreement with Government of Maharashtra under the Build and Operate project for 35 years, extendable by another 10 years.


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