European Investment Bank grants €300 million loan for 149 km suburban railway network in Bengaluru, India.

The European Investment Bank (EIB) has granted a €300 million loan for a 149 km suburban railway network in Bengaluru, India, which will feature four rail corridors, 58 stations, and two depots. This project aims to alleviate pollution and congestion while enhancing safety, particularly for women. With a total of €3.25 billion invested in India's transport since 2016, EIB's support includes prior funding for the Bengaluru Metro, promoting an integrated public transport system.

October 25, 2024
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