India, June 22 -- The Maharashtra state government has approved an interest-free loan of Rs.40 crore to expedite the extension works of Pune Metro phase 1 between Vanaz-Chandani Chowk and Ramwadi-Wagholi (Vitthalwadi).

According to a government resolution (GR) issued by the urban development department (UDD) on Friday, June 19, the funds will be provided to the Maharashtra Metro Rail Corporation Limited (Maha-Metro) as an interest-free subordinate loan during the financial year 2026-27 for the two elevated metro corridors.

These include the 1.12 km Vanaz to Chandani Chowk corridor (metro line 2A) and the 11.63 km Ramwadi to Wagholi (Vitthalwadi) corridor (metro line 2B). The combined project, with a revised cost of Rs.3,626.24 crore, ha...