Indore (Madhya Pradesh): The Asian Development Bank (ADB) has approved a Rs 1,668 crore (approximately $190 million) loan to support the development of the underground corridor of the Indore Metro Rail Project.
The financial assistance to Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) will be repaid over a period of nearly two decades or more, said metro officials on Thursday.
The funding will help construct an 8.62-kilometre underground metro line with seven stations, connecting some of the most congested parts of the city to the airport. The project aims to significantly improve urban mobility, reduce pollution, and promote inclusive and sustainable growth in Madhya Pradesh’s commercial capital.
“Indore’s rapid urbanisation has created challenges of congestion, pollution, and

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