ADB approves $1bn financing for Rapid Transit System in India

In:

Infrastructure, Transport

Region:

Asia-Pacific

The Asian Development Bank has approved a $1 billion loan to support construction of the high-speed Delhi–Meerut Regional Rapid Transit System, a first of its kind in India.Financing for the project will be implemented in four tranches between August 2020 and May 2025. The Government of India...

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