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CREDAI Pune presents Pune Housing Report 2021
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India, EIB sign contract for second tranche of funding for Pune Metro Rail
India, EIB sign contract for second tranche of funding for Pune Metro Rail
Last Updated: Mon, May 10th, 2021, 15:46:35hrs
New Delhi: The Indian government and the European Investment Bank (EIB) on Friday signed the finance contract for second tranche of 150 million euros for the Pune Metro Rail project, through a virtual signing ceremony.
The signing ceremony was held in the presence of Portugal s Secretary of State for Foreign Affairs and Cooperation, Francisco Andre, and EIB President Werner Hoyer, with Additional Secretary, Economic Affairs, K. Rajaraman, signing the loan on behalf of India, and EIB Vice President Christian Kettel Thomsen, on behalf of the EIB.