EIB investing €600m in Pune city metro rail in India

ongoing

The European Investment Bank will invest €600 million in the construction of two new lines of the metro rail and acquisition of 102 modern metro cars in the city of Pune, India. The new metro rail system will reduce commuting hours for more than three million people living in the city. The Pune metro system will have 31 km of tracks, both over- and underground, with 30 stations, and increase the coverage of the public city transport network. Once completed, the Pune metro rail will create 900 new jobs and allow around 600,000 safer, affordable, punctual, and faster commutes each day. The project aims to create an affordable and accessible public transport network, reduce pollution and greenhouse emissions, and improve the quality of air across the city.