The Government of India and the Germany Development Bank - KfW (Kreditanstalt fur Wiederaufbau) on Friday signed a 442.26 million euros loan pact for Surat Metro Rail project. The total cost of the project is 1.5 billion euros, of which KfW is financing 442.26 million euros, a Finance Ministry statement said.
The project is being co-financed by French Development Agency, AFD (Agence Francaise de Developpemet). The Agreement with AFD for 250 million euros was signed on January 28, 2021, it said.
The project is being co-financed by French Development Agency, AFD (Agence Francaise de Developpemet). The Agreement with AFD for 250 million euros was signed on January 28, 2021, it said.
The Government of India and the Germany Development Bank - KfW (Kreditanstalt fur Wiederaufbau) on Friday signed a 442.26 million euros loan pact for Surat Metro Rail project. The total cost of the project is 1.5 billion euros, of which KfW is financing 442.26 million euros, a Finance Ministry statement said.
The project is being co-financed by French Development Agency, AFD (Agence Francaise de Developpemet). The Agreement with AFD for 250 million euros was signed on January 28, 2021, it said.
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