The European Investment Bank (EIB) has granted a top-up loan of 49.5 millions Euros to Pune Metro, citing its support for sustainable Metro transport in the city.

An official from the Pune Metro said the additional financing will complement the EIB’s previous 600 million Euro investment, covering the construction of two Metro lines totalling 33.2km, 30 stations and 102 modern Metro cars for PCMC to Swargate and Vanaz to Ramwadi stretches.

The Pune Metro has successfully transported 100 million passengers since March 2022 and provides a reliable, eco-friendly alternative to private vehicles, reducing congestion and pollution while improving safety and accessibility, particularly for women and young commuters. These operations contribute to the EU Global Gateway strategy, which prioritis

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