Namma Metro

The "Namma Metro" project is a joint venture between the Centre and the state government, in which the former holds a 25% stake.

The overall cost expected for the Phase II of the 76-km Namma Metro project is about Rs 27,000 crore. About Rs 11,000 crore has been spent on the Phase I of the project, partly financed by Japan International Cooperation Agency and Housing and Urban Development Corporation. Asian Development Bank also approved a loan of $250 million (Rs 1,250 crore) for BMRCL earlier this year for the second phase.