The Kochi Metro Rail Limited (KMRL) and German development bank KfW have inked an agreement on the disbursement procedure and schedule for the -Ç85 million loan (approximately Rs.597 crore) that the bank will provide for the Rs.747-crore integrated water transport project in Greater Kochi area.
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CM's initiative on Mumbai water transport project
The Chief Minister has directed the Maharashtra State Road Development CorporaÂtion (MSRDC), the state's noÂdal agency for carrying out infrasÂtructure projects, to undÂertake detailed studies on water transÂport