<h1>India and European Investment Bank Sign EUR150 Million Finance Contract for Pune Metro's Second Tranche.</h1> The Government of India and the European Investment Bank signed a finance contract for a second tranche of EUR150 million for the Pune Metro Rail project. This virtual signing ceremony included officials from both entities. The EIB has approved a total loan of EUR600 million for the project, with the first tranche signed in July 2019. The project aims to develop a Mass Rapid Transit System in Pune, covering approximately 31.25 kilometers across two corridors, enhancing urban mobility and reducing pollution. The Maharashtra Metro Rail Corporation Ltd. is responsible for implementing the project.