Delhi government boosts metro funding for Phase IV expansion
pre-market1 source ↓written by the desknot a recommendation
- for three major
- ₹3,386.18 cr
- in pending liabilities
- ₹2,700 cr
The Delhi government has approved ₹3,386.18 cr for three major Phase-IV MRTS corridors, including Lajpat Nagar to Saket. This funding aims to expedite project execution and curb air pollution. Additionally, nearly ₹2,700 cr in pending liabilities from previous phases will be cleared to restore confidence in transport planning. 🚇
This significant financial commitment may enhance investor sentiment in the infrastructure sector and related industries.
Not investment advice. For informational purposes only.