Namma Metro

EUROPEAN INVESTMENT BANK EXTENDED EUR 500 MILLION LOAN TO BENGALURU METRO

European Investment Bank (EIB) has approved the loan of EUR 500 million to Namma (Bengaluru) Metro, highest loan amount to support the sustainable transport project outside of Europe. The loan amount is sanctioned for the construction of 22 kms line with 18 metro stations and for the procurement of 96 metro coaches for the new line (Metro Line 6).

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UITP INDIA SEMINAR ON METRO RAIL PROJECTS – A FUTURE PERSPECTIVE

It is estimated that 60% of India will be living in urban areas by 2050. Our Urban transportation infrastructure needs significant investments and upgradation to meet the travel needs of the increasing urban population. Metro rail systems offer a high capacity solution to fulfil users’ travel demands, particularly in Cities with longer trip lengths concentrated along high demand corridors.

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