HomeLatestADB to Provide Rs 1,527 Crore Aid for Phase-II of Nagpur Metro...

ADB to Provide Rs 1,527 Crore Aid for Phase-II of Nagpur Metro Project

The Asian Development Bank (ADB) has approved a Rs 1,527 crore funding package for Phase-II of the Nagpur Metro project, aimed at expanding the city’s metro network to enhance urban mobility and connectivity. This financial support will significantly boost Nagpur’s public transportation infrastructure, building on the progress made by the first phase of the metro network. Phase-II will cover an additional 14.5 kilometers, connecting more critical locations and improving overall city connectivity. The project is a collaboration between the Indian government, Maharashtra state government, and ADB.

The ADB’s investment is part of its commitment to supporting sustainable infrastructure development across India, focusing on improving public transport systems. Phase-II of the Nagpur Metro will help reduce traffic congestion, improve air quality, and make the city’s infrastructure more resilient. The funding will primarily cover the construction of new metro lines, stations, and related infrastructure, contributing to a larger urban mobility initiative that aims to provide efficient, eco-friendly public transportation options for India’s rapidly growing cities.

Nagpur Metro has already seen success with its first phase, and Phase-II will further expand the benefits of modern metro systems. Once completed, Phase-II is expected to offer a seamless transit experience, encouraging residents to switch to public transport, reducing dependence on private vehicles, and contributing to the city’s sustainable growth. The ADB’s funding ensures the project will proceed without delays, meeting the growing transportation demands of Nagpur.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Max Estates Takes Over Delhi One Project

Max Estates Takes Over Delhi One Project

0
Max Estates Ltd has acquired the stalled 'Delhi One' project in Noida through the insolvency process, investing ₹1,400 crore to complete the development. The project,...
Smart Roads Reshape India Real Estate Landscape

Smart Roads Reshape India Real Estate Landscape

0
India's urban landscape has witnessed a significant transformation, with the development of smart road infrastructure playing a pivotal role in shaping the real estate...
LEADERSHIP AND INNOVATION IN SUSTAINABLE INFRASTRUCTURE

LEADERSHIP AND INNOVATION IN SUSTAINABLE INFRASTRUCTURE

0
DR. AMIT CHAUDHARI, Associate Director and Head of MEP & Infrastructure at KPM Engineering Consultants, is a celebrated leader recognized for his expertise and...
India Registers 15800 Green Building Projects Across 13.56 Billion Sq Ft

India Registers 15800 Green Building Projects Across 13.56 Billion Sq Ft

0
India marked a major stride in its sustainable development journey with over 15,800 green building projects now registered under the Indian Green Building Council...
Mumbai Homebuyers Turn to Western Suburbs

Mumbai Homebuyers Turn to Western Suburbs

0
Mumbai’s western suburbs—particularly Goregaon and Malad—are fast emerging as the city’s most dynamic residential and commercial zones. Data from a leading financial advisory reveals...