<p>The Bangalore Metro Rail Corporation Limited (BMRCL) on Thursday signed an agreement with the Asian Development Plan (ADB) for a $500 million (Rs 3,643 crore) loan for building the airport metro corridor. </p>.<p>The 58.18-km-corridor consists of two metro lines: Silk Board-KR Puram (Phase 2A) and Kasturi Nagar-Kempegowda International Airport (Phase 2B). It is estimated to cost Rs 14,788 crore. </p>.<p>The state and central governments will contribute Rs 3,973 crore in equity and subordinate debt. Karnataka will pay an additional Rs 2,762 crore for land acquisition. </p>.<p>With Thursday's agreement, the BMRCL has achieve the target of raising Rs 5,960 crore through loans from multilateral or bilateral agencies. In March, it secured a $318 million (Rs 2,317 crore) loan from the Japan International Cooperation Agency (JICA).</p>.<p><strong>Check out DH's latest videos:</strong></p>
<p>The Bangalore Metro Rail Corporation Limited (BMRCL) on Thursday signed an agreement with the Asian Development Plan (ADB) for a $500 million (Rs 3,643 crore) loan for building the airport metro corridor. </p>.<p>The 58.18-km-corridor consists of two metro lines: Silk Board-KR Puram (Phase 2A) and Kasturi Nagar-Kempegowda International Airport (Phase 2B). It is estimated to cost Rs 14,788 crore. </p>.<p>The state and central governments will contribute Rs 3,973 crore in equity and subordinate debt. Karnataka will pay an additional Rs 2,762 crore for land acquisition. </p>.<p>With Thursday's agreement, the BMRCL has achieve the target of raising Rs 5,960 crore through loans from multilateral or bilateral agencies. In March, it secured a $318 million (Rs 2,317 crore) loan from the Japan International Cooperation Agency (JICA).</p>.<p><strong>Check out DH's latest videos:</strong></p>
