05 Dec2025
EIB Approves €240 Million Loan for Nagpur Metro Expansion
The European Investment Bank (EIB) has approved a €240 million loan to extend the Nagpur metro network, part of a larger €289.5 million financing for sustainable metro growth in India. This investment is expected to reduce transport-related carbon emissions by approximately 22% in Nagpur and increase daily ridership to around 190,000 passengers by 2041.
Source: Highways Today, Swarajyamag & 1 others
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