ADB Backs Chennai Metro: $240 Million Loan to Boost Expansion

The loan is part of the Chennai Metro Rail Investment Project, which aims to extend the network through Lines 3, 4, and 5, linking central Chennai with key destinations in the south and west. The initiative also focuses on transit-oriented development, non-fare revenue generation, and first- and last-mile connectivity. ADB officials emphasized that the project will improve livability, reduce congestion, and promote environmentally friendly transport solutions.  

Notable updates  
• ADB approves $240 million loan for Chennai Metro expansion  
• Project covers new metro lines 3, 4, and 5, connecting central Chennai to southern and western hubs  
• Focus on transit-oriented development, affordable transport, and non-fare revenue generation  
• Enhanced first- and last-mile connectivity to improve commuter experience  
• Initiative expected to reduce congestion and strengthen sustainable urban mobility in Chennai  

Major takeaway  
The ADB loan marks a significant step in Chennai’s metro expansion, reinforcing sustainable transport and positioning the city as a leader in modern urban infrastructure.  

Sources: Asian Development Bank, Economic Times, Times of India