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Europe Daily Bulletin No. 11522

1 April 2016
Contents Publication in full By article 21 / 28
EXTERNAL ACTION / (ae) india
€450 million EIB loan for metro in capital of Uttar Pradesh

Brussels, 31/03/2016 (Agence Europe) - On the sidelines of the EU-India summit, the European Investment Bank (EIB) signed an agreement in Brussels on Wednesday 30 March for a €450 million loan (the biggest granted by the EIB to India) to support the financing of the first metro line in Lucknow, the capital of Uttar Pradesh.

This long-term loan will be used to finance the construction of the new 23-kilometre long metro line and a fleet of metro trains. The metro line will be the first part...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
NEWS BRIEFS