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Blog Entry# 5913486
Posted: Dec 16 2023 (21:29)

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IR Affairs
SWR/South Western
Dec 16 2023 (21:29)   KfW Funds Bengaluru Suburban Railway Project with €500 Million Loan

Exynos9611~   18749 news posts
Entry# 5913486   News Entry# 534142         Tags   Past Edits
read full article... Germany-based KfW Development Bank to fund Bengaluru Suburban Rail Project

The Bengaluru Suburban Railway Project (BSRP) received a major boost with a loan agreement signed between K-RIDE and KfW Development Bank, Germany. KfW will provide a Euro 500 million (Rs 4,552 crore) loan and a Euro 4.5 million (Rs 41 crore) grant for the project. This funding will support the development...
more...
of Corridor-1 (Bengaluru City Railway Station to Devanahalli) and Corridor-3 (Kengeri to Whitefield). The loan will be disbursed in installments over five years. The BSRP, implemented by K-RIDE, aims to create an eco-friendly and efficient mass rapid transit system for Bengaluru. The project was approved with a total cost of Rs 15,767 crore, with a loan component of Rs 7,438 crore (Euro 800 million).

Bengaluru Suburban Railway Project (BSRP) ko ek bada boost mila hai jab K-RIDE aur Germany ke KfW Development Bank ke beech loan agreement sign hua. KfW project ke liye Euro 500 million (Rs 4,552 crore) ka loan aur Euro 4.5 million (Rs 41 crore) ka grant dega. Is funding se Corridor-1...
more...
(Bengaluru City Railway Station se Devanahalli) aur Corridor-3 (Kengeri se Whitefield) ka development hoga. Loan paanch saal mein installments mein diya jaayega. K-RIDE dwara implement kiya ja raha hai, BSRP ka aim hai Bengaluru ke liye eco-friendly aur efficient mass rapid transit system banana. Project ko total cost Rs 15,767 crore ke saath approve kiya gaya tha, jismein Rs 7,438 crore (Euro 800 million) ka loan component hai.
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