MMRDA Secures Rs 73.26 Bn Loan for Orange Gate to Marine Drive Tunnel
Project Highlights: - 9.2 km underground coastal route seamlessly linking Orange Gate (Eastern Freeway) to Marine Drive Coastal Road - 6.52 km twin-tunnel system with dedicated emergency lanes for enhanced safety - Strengthening east-west connectivity and creating a ring route for South Mumbai
Under the dynamic leadership of CM Devendra Fadnavis, Chairmanship of deputy chief minister Eknath Shinde, Metropolitan Commissioner Dr. Sanjay Mukherjee, IAS, signed this landmark agreement, marking a new era in Mumbai’s infrastructure growth. Senior MMRDA officials including Additional Commissioners Vikram Kumar & Ashwin Mudgal, Joint Commissioner Radhabinod Sharma, and MMMOCL MD Rubal Agarwal, Financial Advisor Ankush Nawale were also present for this historic moment.
MMRDA continues to achieve financial closures for critical projects, ensuring Mumbai's development never slows down. With Union Bank of India’s backing, this project will soon become a reality, revolutionizing urban mobility for Mumbaikars!