MoU signed for € 250 Million French funding to Surat Metro rail project

New Delhi: A Memorandum of Understanding (MoU) was signed today for providing funding to the tune of € 250M for Surat metro rail project in Gujarat between French Development Agency and Finance Ministry of India.

This MoU was signed in presence of French ecological transition minister Minister Barbara Pomili and Union Minister for Housing & Urban Affairs Hardeep Singh Puri.

France’s ecological transition minister Barbara Pompili is considered number two in the government.

French Ambassador to India Emmanuel Lenain, in his tweet said: In France’s consistent support to clean public transport in India, French Development Agency today signed an MoU with Ministry of Finance for providing funding to the tune of 250M € for the Surat metro rail project.

Minister Pompili will also travel to Surat for discussions with Indian and French players involved in smart mobility and sustainable urban development projects. She will reiterate France’s commitment to the Smart Cities Mission, including expertise from French companies and financing from AFD and the European Union. Pompili is the second senior French minister to visit India amid the pandemic.

DeshGujarat