Paving the way for the speedy roll-out of Kanpur Metro, the European Investment Bank (EIB) on Monday signed the finance contract for the funding of Kanpur Metro Project for €650 million (Rs 5,551.99 crore).
Kanpur Metro Project (Representational image)Paving the way for the speedy roll-out of Kanpur Metro, the European Investment Bank (EIB) on Monday signed the finance contract for the funding of Kanpur Metro Project for €650 million (Rs 5,551.99 crore).
The agreement was signed virtually, in the presence of ambassador of the European Union to India and Bhutan Ugo Astuto; vice-president of EIB Andrew McDowell; C S Mohapatra, additional secretary, department of economic affairs, ministry of finance (GoI) and managing director UP Metro Rail Corporation Kumar Keshav.
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