EIB approves Rs. 3200 crores loan for Bhopal Metro

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BHOPAL (Metro Rail News): A loan of Rs 3200 crores has been approved for the Bhopal Metro from European Investment Bank (EIB). The contract will be signed when the international flight resumed. The remaining loan formalities have been completed by the Government of India, Government of Madhya Pradesh, Metro Rail Company and EIB. A senior official of the Metro Rail Company has confirmed that EIB will provide a loan of 400 million euros (Rs 3200 crore)