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
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement