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Chennai Metro Rail phase II
October 3 , 2021
1021 days
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- The Asian Infrastructure Investment Bank (AIIB) will provide loan assistance of USD 356.67 million (~Rs.2.65 lakh Crore) for the expansion of the Chennai Metro Rail system.
- With this Investment, AIIB has invested a total of USD 6.7 billion making India its largest beneficiary.
- This will promote integrated economic and transport sector growth in Chennai.
- The metro project will span from Lighthouse in the east to Poonamallee Bypass in the west.
- The station will be equipped with rooftop solar panels, which promotes green economic growth in the city.
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