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Prime Minister Manmohan Singh laid the foundation of the ambitious Rs 19,500-crore Mumbai metro rail project
Media Release
Jun. 21, 2006

Prime Minister Manmohan Singh laid the foundation of the ambitious Rs 19,500-crore Mumbai metro rail project, which authorities hope will help ease traffic flow within the metropolis. The first phase is expected to be fully functional by 2011.

The ceremony, held at Vikhroli in northeast Mumbai, signals the start of phase I of the Mass Rapid Transit System (MRTS). The launching of the project is seen as a step towards making Mumbai a world class financial hub.

Singh was accompanied by state Governor S M Krishna, Chief Minister Vilasrao Deshmukh, Reliance Anil Dhirubhai Ambani Group (RADAG) chairman Anil Ambani and Mumbai Metropolitan Commissioner T Chandrashekhar at the ceremony.

Union Ministers Sharad Pawar, Jaipal Reddy and Murli Deora and Ambani's mother Kokilaben, were also present on the occasion.


BIZ/FINANCE ARTICLES

Prime Minister Manmohan Singh laid the foundation of the ambitious Rs 19,500-crore Mumbai metro rail project
Media Release
Prime Minister Manmohan Singh laid the foundation of the ambitious Rs 19,500-crore Mumbai metro rail project, which authorities hope will help ease traffic flow within the metropolis. The first phase is expected to be fully functional by 2011.
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