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Rs.597-cr loan for water transport

Rs.597-cr loan for water transport

The Kochi Metro Rail Limited (KMRL) and German development bank KfW have inked an agreement on the disbursement procedure and schedule for the -Ç85 million loan (approximately Rs.597 crore) that the bank will provide for the Rs.747-crore integrated water transport project in Greater Kochi area.

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Kochi Metro Rail signs MoU with NPC

Kochi Metro Rail signs MoU with NPC

Kochi Metro Rail Limited and National Payment Corporation of India have signed an MoU to be associated with the roll-out of a common mobility card for greater Kochi area through the use of NPCI´s RuPay specifications for cards and payment terminals and other payment modes.