The Government of India has approved the expansion of the Pune Metro Rail Project under Phase 2, including the construction of Line 4 and the associated Spur Line 4A.
The decision was taken at a meeting of the Union Cabinet chaired by the Prime Minister. According to officials, the approval is expected to ease transport pressures in Pune and support the city’s ongoing development.
Line 4 will run from Kharadi to Khadakwasla via Hadapsar and Swargate. It will extend 25.52 kilometres and include 22 elevated stations. Spur Line 4A, covering Nal Stop to Warje and Manik Baug, will add a further 6.12 kilometres with six elevated stations. Together, the two corridors will span 31.64 kilometres and include 28 stations.
The sanctioned project cost is 9,857.85 crore INR (1.1 billion USD), and the construction period is set at five years from the date of approval.
The new corridors will link eastern, central and western parts of Pune, providing direct connections between several busy residential and commercial areas. The announcement notes that the expanded network is expected to give residents more predictable travel options and improve movement across the city’s main growth zones.
The project is part of a wider financing framework supported by the European Investment Bank (EIB), which provides long-term lending for initiatives aligned with European Union policy goals. EIB Global, its international development arm, works with governments and civil society groups to support infrastructure, climate and connectivity projects. Through its overseas operations, EIB Global invested about 8.4 billion EUR in 2024.
EIB has been active in India since 1993 and has backed more than 100 projects across sectors, including transport, energy and small- and medium-enterprise development. Its total investment in the country amounts to approximately 5.6 billion EUR.
The Pune Metro expansion is also linked to the EU’s Global Gateway investment agenda, which focuses on improving digital, transport, energy, health and education infrastructure. Under this initiative, EIB Global aims to contribute to a pipeline of projects worldwide, including in India, with a target of mobilising up to 100 billion EUR by 2027.
Further details on the Phase-2 corridors will be released by the Maharashtra Metro Rail Corporation as the project moves into the implementation stage.
