$500M loan approved for Delhi-Ghaziabad-Meerut RRTS, $241M for Mumbai Metro

The New Development Bank (NDB) of the BRICS countries has approved USD 241 million loan for Mumbai Metro and USD 500 million for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project. The two loans were approved by the NDB Board, the Shanghai-based bank set up by the BRICS (Brazil, Russia, India, China, South Africa)said in a statement on Friday. The two projects are being seen as massive infrastructure boost for India's capital and its financial capital Mumbai.

from IndiaTV Business: Google News Feed https://ift.tt/2ENunYW

Post a Comment

0 Comments