ADB allots $200 million aid to expand transport connectivity in Nagpur
RAILWAYS & METRO RAIL

ADB allots $200 million aid to expand transport connectivity in Nagpur

The Asian Development Bank (ADB) has approved a $200 million loan to expand metro rail corridors and improve transport connectivity in Nagpur, India. The Nagpur Metro Urban Mobility Project aims to provide efficient, safe, and environmentally friendly public transport, easing commuters' travel and boosting productivity.

"ADB's support will extend Nagpur's metro rail network to meet rising travel demand and enhance the economy," said Sharad Saxena , Principal Transport Specialist , ADB. "This project will make the city more liveable "improving the urban environment and mobility of residents and enhancing their access to basic services."

The project will finance the extension of four metro rail corridors: from Automotive Square to Kanhan, Prajapati Nagar to Transport Nagar, Khapri to Maharashtra Industrial Development Corporation ESR, and Lokmanya Nagar to Hingna. It will construct 43.8 kilometers of elevated metro rail corridors with 32 stations equipped with modern safety and security technology, designed to meet the needs of women, students, and people with disabilities.

ADB will support the Maharashtra Metro Rail Corporation Limited (Maha Metro) in enhancing the connection of metro rail stations to the city's transport services, such as buses, e-rickshaws, e-scooters, and bicycles. The project promotes nonmotorized transportation and provides last-mile connectivity to Nagpur's outskirts.

Additionally, the project will help Maha Metro develop a 5-year institutional action plan, including a gender equality and social inclusion-responsive workplace strategy. It aims to improve Maha Metro's digital project management platform and train staff on metro planning and management. The initiative will also increase employment and entrepreneurship opportunities for women and disadvantaged groups through skills training, internships, and apprenticeships.

ADB remains committed to fostering a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining efforts to eradicate extreme poverty. Established in 1966, ADB is owned by 68 members, with 49 from the region.

(Source: ADB)

The Asian Development Bank (ADB) has approved a $200 million loan to expand metro rail corridors and improve transport connectivity in Nagpur, India. The Nagpur Metro Urban Mobility Project aims to provide efficient, safe, and environmentally friendly public transport, easing commuters' travel and boosting productivity. ADB's support will extend Nagpur's metro rail network to meet rising travel demand and enhance the economy, said Sharad Saxena , Principal Transport Specialist , ADB. This project will make the city more liveable improving the urban environment and mobility of residents and enhancing their access to basic services. The project will finance the extension of four metro rail corridors: from Automotive Square to Kanhan, Prajapati Nagar to Transport Nagar, Khapri to Maharashtra Industrial Development Corporation ESR, and Lokmanya Nagar to Hingna. It will construct 43.8 kilometers of elevated metro rail corridors with 32 stations equipped with modern safety and security technology, designed to meet the needs of women, students, and people with disabilities. ADB will support the Maharashtra Metro Rail Corporation Limited (Maha Metro) in enhancing the connection of metro rail stations to the city's transport services, such as buses, e-rickshaws, e-scooters, and bicycles. The project promotes nonmotorized transportation and provides last-mile connectivity to Nagpur's outskirts. Additionally, the project will help Maha Metro develop a 5-year institutional action plan, including a gender equality and social inclusion-responsive workplace strategy. It aims to improve Maha Metro's digital project management platform and train staff on metro planning and management. The initiative will also increase employment and entrepreneurship opportunities for women and disadvantaged groups through skills training, internships, and apprenticeships. ADB remains committed to fostering a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining efforts to eradicate extreme poverty. Established in 1966, ADB is owned by 68 members, with 49 from the region. (Source: ADB)

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement