Surat MMTH Gains IRFC Funding Boost

  Published 9 months ago

Surat MMTH, a joint rail‑government project, receives IRFC funding, boosting multimodal connectivity and sustainability today.

  • SITCO, combining the Ministry of Railways and the Gujarat Government, leads integrated transport development for city growth.
  • IRFC finances construction, ensuring the project’s financial viability and long‑term operational sustainability through strategic market borrowings.
  • Government of India holds 86.36% stake in IRFC, reflecting strong public sector backing for stability.

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