Bengaluru Metro gets Rs. 3,800 crore from European Investment Bank

Posted on:08 Oct 2017 18:13:01
Bengaluru Metro gets Rs. 3,800 crore from European Investment Bank
08 October 2017 Current Affairs: Bangalore Metro Rail Project Phase II has received Rs. 3,800 crore from European Investment Bank.

The project will be jointly financed by European Investment Bank and Asian Infrastructure Investment Bank, which will give over Rs. 3,800 crore (EUR 500 million) and Rs. 2,300 crore (EUR 300 million) respectively.
Bangalore Metro Rail Project Phase II has received Rs. 3,800 crore from European Investment Bank.

The project will be jointly financed by European Investment Bank and Asian Infrastructure Investment Bank, which will give over Rs. 3,800 crore (EUR 500 million) and Rs. 2,300 crore (EUR 300 million) respectively.

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