ADB Backs Chennai Metro Expansion with $240 Million Loan

The funding will help construct 20 km of new corridors and 18 stations, with completion targeted by mid-2028. The project emphasizes sustainable mobility, inclusion, and financial resilience, aiming to reduce congestion and pollution while improving connectivity for millions of commuters. This tranche follows the initial $350 million loan sanctioned in 2022, highlighting ADB’s long-term commitment to India’s urban infrastructure.  

Notable updates  
• ADB approves $240 million loan as second tranche of Chennai Metro Rail Investment Project  
• Expansion covers 20 km of corridors and 18 new stations across Chennai  
• Completion of construction targeted by mid-2028  
• Part of ADB’s $780 million multi-tranche financing facility approved in 2022  
• Focus on cleaner, safer, and more reliable urban transport with emphasis on inclusion and sustainability  

Major takeaway  
The loan underscores ADB’s continued support for India’s urban mobility transformation, positioning Chennai Metro as a model for sustainable infrastructure and improved commuter experience.  

Sources: ANI, Swarajya, ET Infra, Devdiscourse