MMRDA - Reliance Mumbai Metro

Mumbai Metropolitan Region Development Authority (MMRDA) was set up on the 26th January, 1975 under the Mumbai Metropolitan Region Development Authority Act, 1974 by the Government of Maharashtra as an apex body for planning and co-ordination of development activities in the Mumbai Metropolitan Region comprising of Mumbai and its influence area. Its activities are:

Development planning for the region
Provision of regional infrastructure
Promotion of growth centres
Provision of development finance
Development Co Ordination
 

The MMRDA prepares plans; formulates policies and programmes; implements projects and helps in directing investments in the Region.

In particular, it conceives, promotes and monitors the key projects for developing new growth centres and bring about improvement in sectors like transport, housing, water supply and environment in the Region.

MMRDA is the Nodal Agency for development of the Metro System in Greater Mumbai. It is also the Concessioning Authority for the VAG Corridor, to provide Viability Gap funding to the SPV.