EIB nods Rs 3,860 cr loan for Agra metro rail project
RAILWAYS & METRO RAIL

EIB nods Rs 3,860 cr loan for Agra metro rail project

Agra Metro Rail Project has obtained a loan of Rs 3,860 crore (about 450 million Euros) from the European Investment Bank for developing and executing Phase-1 of the Metro Rail Project on December 15, 2021.

The phase 1 project includes two corridors. The purpose of Agra’s new metro is to make the city safer, business-friendly, greener, user-friendly, etc. Additionally, the project will add to attaining the vital targets of the Climate Action and Environment Facility, for example, social and economic infrastructure development and climate change mitigation.

The total length of Corridor 1 is 14.25 km, in which 6.569 km is elevated, and 7.681 km is underground. There are 14 stations in Line 1. The name of the stations is Shastri Nagar, ISBT, Sikandra, Guru ka Taal, Raja ki Mandi, Fatehabad Road, RBS College, St. John’s, Jama Masjid, Medical College, Agra Fort, Taj Mahal, Basai and Taj East Gate.

The total length of Corridor 2 is 15.40 km, and all 15 stations are elevated. They are Sadar Bazar, Sultanpur, Agra Cantt., Collectorate, Pratap Pura, St. John’s, Subhash Park, Sanjay Place, Hariparvat Chauraha, MG Road, Kamla Nagar, Sultanganj Crossing, Mandi Samiti, Rambagh, Foundry Nagar, Kalindi Vihar, among others.

Image Source

Agra Metro Rail Project has obtained a loan of Rs 3,860 crore (about 450 million Euros) from the European Investment Bank for developing and executing Phase-1 of the Metro Rail Project on December 15, 2021. The phase 1 project includes two corridors. The purpose of Agra’s new metro is to make the city safer, business-friendly, greener, user-friendly, etc. Additionally, the project will add to attaining the vital targets of the Climate Action and Environment Facility, for example, social and economic infrastructure development and climate change mitigation. The total length of Corridor 1 is 14.25 km, in which 6.569 km is elevated, and 7.681 km is underground. There are 14 stations in Line 1. The name of the stations is Shastri Nagar, ISBT, Sikandra, Guru ka Taal, Raja ki Mandi, Fatehabad Road, RBS College, St. John’s, Jama Masjid, Medical College, Agra Fort, Taj Mahal, Basai and Taj East Gate. The total length of Corridor 2 is 15.40 km, and all 15 stations are elevated. They are Sadar Bazar, Sultanpur, Agra Cantt., Collectorate, Pratap Pura, St. John’s, Subhash Park, Sanjay Place, Hariparvat Chauraha, MG Road, Kamla Nagar, Sultanganj Crossing, Mandi Samiti, Rambagh, Foundry Nagar, Kalindi Vihar, among others. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement