You are here: Home » News-ANI » National
Business Standard

Chauhan approaches Jaitley over Metro in Indore, Bhopal

ANI  |  New Delhi [India] 

Chief Minister on Wednesday Union Minister and put forth the proposal of borrowing funds from the European Investment (EIB) and Asian development Banks (ADB) for Indore and rail projects.

Addressing the media here Chauhan said that he is planning to bring in metro services in Indore and and for that, he has approached the Ministry.

"We want metro rail project for Indore and We have put forth a request for loan in front the European investment and Asian development Banks for building Metro for Indore and Bhopal respectively. So I have urged the Minister to pitch for us and he has assured us that they will provide whatever assistance is needed,' said Chauhan.

The is looking for avenues to raise Rs 14,485.55 crore to implement metro rail project in Indore and Bhopal.

Last December, the approved the detailed project report (DPR) which envisages Rs 14,485.55 crore investment to put in place the rapid transport system in the two main cities of the state.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 15:13 IST