Project News Detail

Project No :205936
Project Title :ADB Approves $190 Million Loan for Indore Metro Rail Project in Madhya Pradesh
Company Name : Asian Development Bank
Project Detail :The Asian Development Bank (ADB) has approved a $190 million loan to support the Indore Metro Rail Project in Madhya Pradesh. The initiative aims to enhance urban mobility, cut pollution, and promote inclusive growth.
The financing will enable construction of an 8.62-km underground metro line with seven stations, linking congested areas of Indore to the airport. The metro will feature modern, accessible infrastructure with ramps, lifts, CCTV surveillance, and emergency response systems to cater to the elderly, women, children, and persons with disabilities. The project is expected to help significantly lower greenhouse gas emissions.
Project Location : Indore - Madhya Pradesh - India
Project Industry :Railway Ancillaries
Project Estimation :Refer Document
Status :Announced
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