With which of the following bank, the Government of India signed the finance contract for the Pune Metro Rail project?
A. European Investment Bank
B. World Bank
C. Asian Development Bank
D. New Development Bank
Explanation:
The Government of India and European Investment Bank signed the finance contract for second tranche of Euro 150 million for Pune Metro Rail project through a virtual signing ceremony. EIB had approved the total loan of Euro 600 million to fund the Pune Metro Rail project. The Finance Contract for first tranche of Euro 200 million was signed between GoI and EIB on 22.7.2019.
