EIB sanctions loan under Bengaluru Suburban rail project in Karnataka

European Investment Bank (EIB) has sanctioned Rs 27.31 billion (300 million Euros) under the Bengaluru Suburban rail project (Bengaluru rail commuter system). The project involves development of 148.17 km long suburban network in Bengaluru city of Karnataka. It is being implemented by K-RIDE in the following four corridors: Corridor 1: Bengaluru City to Yelahanka to Devanhalli and airport link route; Corridor 2: Baiyyappanahalli to Yeshwantpura to Chikbanavara route; Corridor 3: Kengeri to Bengaluru City to Whitefield route; and Corridor 4: Heelalige to Yelahanka to Rajanakunte route.