USD 500 million loan for Delhi-Meerut RRTS Corridor

The Asian Development Bank (ADB) and the Indian government have signed a 500 million US dollar loan for the Delhi-Meerut Regional Rapid Transit System Corridor.

The signed loan is a first tranche of the ADB approved one billion- dollar loan facility, to build a high-speed, modern, 82-km Delhi-Meerut RRTS Corridor that will improve the regional connectivity and mobility in India’s National capital Region (NCR).

The loan agreement for Delhi-Meerut Regional Rapid Transit System (RRTS) investment project was signed between Additional Secretary in the Ministry of Finance, Sameer Khare, and Country Director of ADB’s India Resident Mission, Kenichi Yokoyama.

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