Mumbai Metro authority joins hands with the U.K. government to augment city’s Metro network

The MoU mentions of funding models such as Land Value Capture (LVC) and Transit-Oriented Development (TOD) to promote sustainable urban growth, leveraging expertise from U.K. institutions. File
| Photo Credit: Emmanual Yogini

The United Kingdom (U.K.) government and Mumbai Metropolitan Region Development Authority (MMRDA) join hands to augment the city’s Metro network as U.K. Department for Transport (DfT) and Crossrail International (U.K.) have signed a Memorandum of Understanding (MoU) with the MMRDA, the authority said on Monday (January 27, 2025).

“Securing $40 billion at Davos marks a historic milestone for MMRDA. These investments reaffirm our commitment to driving sustainable, inclusive, and transformative growth in the Mumbai Metropolitan Region, setting new benchmarks in urban development and global collaboration. These MoUs reflect the confidence of global investors in MMR’s potential to emerge as a global economic hub, creating opportunities for millions and contributing to India’s growth story,” said Metropolitan Commissioner Dr. Sanjay Mukherjee.

Currently, MMRDA is constructing a 337-km Metro network, with approximately 59 km of routes already operational, including sections of underground Metro. The MoU is aimed at fast-tracking the work on the Metro network, creating a fully integrated transport system to support the city’s rapid growth.

The MoU focuses on developing an intermodal transport system, including an operational and maintenance strategy for Mumbai’s future 14-line Metro network. It will also focus on enhancing first- and last-mile options, and digital transformation.

It mentions of funding models such as Land Value Capture (LVC) and Transit-Oriented Development (TOD) to promote sustainable urban growth, leveraging expertise from U.K. institutions such as Transport for London (TfL), Network Rail, and U.K. Export Finance to achieve project execution.