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    <title>Government of India &amp; NDB Sign Agreement for USD 500 Million to Provide Fast, Reliable, Safe and Comfortable Public Transport System in The National Capital Region</title>
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    <description>A loan agreement was signed for the Delhi Ghaziabad Meerut Regional Rapid Transit System under which NDB will finance rolling stock and advanced signalling, telecommunications and train control equipment (including automatic train operation, protection and supervision and platform screen doors) to deliver a high speed, energy efficient corridor that reduces congestion and emissions; the project&#039;s financing is syndicated among multilateral lenders and other sources, and NDB&#039;s contribution is a long tenor loan with an extended grace period to support procurement and implementation.</description>
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