$500 mn mortgage for Bengaluru metro traces


New Delhi, December 8

Asian Development Bank (ADB) on Tuesday said it has approved a $500 million loan to construct new metro rail lines in Bengaluru. The Bengaluru Metro Rail Project will establish two new metro rail corridors to augment an efficient and safe transportation system.

The project will construct two new metro lines, mostly elevated, with a total length of 56 km along Outer Ring Road and National Highway 44 between Central Silk Board and Kempegowda International Airport, the ADB said. — PTI



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