InfrastructureAfter close
Maharashtra cabinet approves ₹37,013 cr for motorway project
after close1 source ↓written by the desknot a recommendation
- loan from HUDCO
- ₹37,013 crore
The Maharashtra Cabinet approved a ₹37,013 crore loan from HUDCO for the Virar-Alibaug Multipurpose Motorway project, aimed at enhancing connectivity to key industrial hubs. The project will utilize a build, operate, and transfer model after initial tenders were deemed unviable. This development may boost infrastructure-related stocks and improve regional logistics efficiency. ⚙️📈
Not investment advice. For informational purposes only.