Additional term loan of 470 crore for Kochi Metro project

The Board of Directors of Kochi Metro Rail Ltd (KMRL), at a meeting in Delhi yesterday, cleared a proposal for availing an additional term loan of Rs 470 crore from the Ernakulam District Cooperative Bank for funding the land acquisition requirements for the Kochi Metro Rail project, as well as for widening the Vyttila-Petta road.  (http://netindian.in)