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Japan set to lend Rs 8,000 cr for Pune Metro

Non-profit organisation Association of Friends of Japan and Pune Municipal Corporation confirm there's an open offer; maintain that a final decision will have to be taken by the governments of the two countries.

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With a price tag of Rs 15,000 crore, the proposed Pune Metro rail project is an ambitious venture, as well as a pressing one. While the pieces of the puzzle seem to be falling into place, with the centre earlier this month promising to make a provision for the undertaking in the union budget for the
next financial year, collation of funds appears to be a challenge — or at least it did, till recently.


Getting on track: First line of Pune Metro will run from Pimpri-Chinchwad to Swargate, and is likely to be further extended to Nigdi and Katraj/Hadapsar. This route will go via Bhosari, Khadki and Shivajinagar. representation Pic/Thinkstock

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