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Speaking on the occasion, Infrastructure Development Minister MB Patil stated that the agreement highlights how the project is going to be executed under the loan. He added that it mentions the terms and conditions of the loan towards the project, its repayment schedule, and obligations.
Bengaluru Suburban Railway Project to finish by December 2027: Minister M B Patil | Bengaluru News
Karnataka Infrastructure Development Minister M.B. Patil on Friday said that the government’s target is to complete Bengaluru Suburban Rail Project (BSRP) by December 2007
The Bengaluru Suburban Rail Project, sanctioned by the Ministry of Railways for a project costing Rs 15,767 crore, is aimed at developing a suburban railway network of 148 km with 58 stations along four corridors.
Germany’s state-owned investment and development bank's India director Wolf Muth said that the funding would be used to construct new lines for the Bengaluru Metro, also called Namma Metro.