ADB approves $240M loan for Chennai Metro expansion

• ADB approved a $240 million loan for the Chennai Metro Rail expansion, the second tranche of a $780 million project.
• The funding will support key sections of metro lines 3, 4, and 5, covering 20 kilometers and 18 new stations.
• The project aims to provide cleaner, safer, and more reliable urban transport with universal access and disaster-resilient infrastructure.
• It includes civil and system works for specific elevated and underground sections, and upgrades to multimodal interchange areas.
• Construction under this tranche is targeted for completion by mid-2028, enhancing inclusive features and boosting non-fare revenues.

Why It Matters: Chennai residents get cleaner, safer, and more reliable metro transport.