The Maharashtra government disbursed a total of Rs 143.17 crore to the Mumbai Railway Vikas Corporation (MRVC) on Friday to carry out works under the Mumbai Urban Transport Project (MUTP)-III. The fund has been disbursed by the Maharashtra government to ease the congestion on the suburban railway network.

The Urban Development Department, while issuing a government resolution (GR), said that the amount of Rs 124.48 crore has been released as additional central assistance from the AIIB (Asian Infrastructure Investment Bank). The loan is supposed to be passed on to the MRVC through the Mumbai Metropolitan Region Development Authority (MMRDA). News agency PTI reported that the disbursement is strictly conditional and classified as non-recurring assistance.

Meanwhile, a separate order further stated that “Rs 18.69 crore were released in July 2025, taking the cumulative amount transferred to MRVC under the MUTP-III project so far to Rs 1,289.70 crore,” as cited by news agency PTI.