{"id":499675,"date":"2022-06-20T11:48:20","date_gmt":"2022-06-20T06:18:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=499675"},"modified":"2022-06-20T13:42:28","modified_gmt":"2022-06-20T08:12:28","slug":"german-bank-commits-rs-4000-cr-for-suburban-rail-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/german-bank-commits-rs-4000-cr-for-suburban-rail-project\/","title":{"rendered":"German bank commits Rs 4,000 cr for suburban rail project"},"content":{"rendered":"<p>The German state-owned investment and development bank KfW Bankengruppe has committed to fund \u20ac500 million (Rs 4,000 crore) for the Bengaluru Suburban Rail Project (BSRP). <\/p>\n<p>Sources in the Rail Infrastructure Development Company (Karnataka) Limited, known as KRIDE, said officials worked for the last six months to get necessary clearances and present the project to international funding agencies. Pre-appraisal missions visited the city and conducted spot assessments in March.<\/p>\n<p>\u201cWe are looking for about \u20ac800 million funds. We have received a commitment of \u20ac500 million funds from KfW. We are looking forward to similar support from AFD (French Development Agency),\u201d an official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The German state-owned investment and development bank KfW Bankengruppe has committed to fund \u20ac500 million (Rs 4,000 crore) for the Bengaluru Suburban Rail Project (BSRP). Sources in the Rail Infrastructure Development Company (Karnataka) Limited, known as KRIDE, said officials worked for the last six months to get necessary clearances and present the project to international funding agencies. Pre-appraisal missions visited the city and conducted spot assessments in March. \u201cWe are looking for about \u20ac800 million funds. We have received a commitment of \u20ac500 million funds from KfW. We are looking forward to similar support from AFD (French Development Agency),\u201d an [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,261],"tags":[],"class_list":["post-499675","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-railways-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/499675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=499675"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/499675\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=499675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=499675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=499675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}