Current Affairs Agreements

Centre, ADB sign 926 million loan agreement to operationalize two lines of Mumbai Metro

Category : Agreements

  The Centre and the Asian Development Bank (ADB) have signed a 926 million dollarloan agreement to operationalize two lines of the Mumbai Metro Rail System. It is the single largest infrastructure project loan in ADB history approved by the ADB Board. Once operational by the end of 2022, an estimated two million passengers a day will use the two new lines and will travel in improved safety and comfort.
Source- Business Standard


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