Thursday, December 12th, 2019

Extension of period of validity of MRVC

Mumbai Railway Vikas Corporation Ltd.INVC, Delhi, The Union Cabinet today gave its approval for the extension of the period of the validity of the Mumbai Railway Vikas Corporation Ltd.(MRVC) by a further 5 years, that is up to 11th July 2019, to match the completion of the Mumbai Urban Transport Project (MUTP) Phase II and facilitate integration of the suburban rail capacity enhancement plans with the urban development plan.  A large number of people residing in and around the MUTP Phase II will benefit. The extension of the validity period will not entail any additional financial burden.

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