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    RELIANCE CONSUMER PRODUCTS ACQUIRES MAJORITY STAKE IN AUSTRALIA’S GOODNESS GROUP – FOUNDER OF NEXBA

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    “Bengaluru has firmly established itself as one of South Africa’s key source markets in India.”-Ms. Karmarkar,Marketing and Communications Manager (MEISEA)

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    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

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    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

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    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

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    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    India Achieves Landmark Trade Victory, Unlocks $30-Trillion U.S. Market for Exports Across Key Sectors

    Levi’s® Brand Debuts “Behind Every Original” Campaign With Super Bowl Film Highlighting Backstories and Backsides

    HKTDC to Host World’s Largest One-Stop Jewellery Marketplace

    “Bengaluru has firmly established itself as one of South Africa’s key source markets in India.”-Ms. Karmarkar,Marketing and Communications Manager (MEISEA)

    RELIANCE CONSUMER PRODUCTS ACQUIRES MAJORITY STAKE IN AUSTRALIA’S GOODNESS GROUP – FOUNDER OF NEXBA

  • National
    • All
    • Economy & Politics
    • Election

    TAFE Launches ‘MASSEY DYNASTAR Contest’ Season 3.

    Jacqueline Fernandez Joins Lux Cozi’s Grand Indore Meet, Over 2000 Retailers Attend.

    Sony India Rolls Out Wildlife-centric Brand campaign ‘Think Wildlife, Think Sony’

    WEutsav: Festival of Rural Women Entrepreneurs Comes to Bengaluru on 14 February 2026

    Philips Home Appliances Teams up with Wheel of Fortune, the No.1 Game Show Worldwide for a Nationwide Consumer Campaign

    “Bengaluru has firmly established itself as one of South Africa’s key source markets in India.”-Ms. Karmarkar,Marketing and Communications Manager (MEISEA)

  • Business

    Carlyle to invest INR 2,100 Cr (approximately USD 230M) in Nido Home Finance

    Forbes Global Properties Unveils ‘Mission 2030’ Strategic Vision for India

    India Achieves Landmark Trade Victory, Unlocks $30-Trillion U.S. Market for Exports Across Key Sectors

  • Health

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Breaking Barriers in Diabetes Care: Cipla Launches #InhaleTheChange Campaign

    Novo Nordisk A/S: Wegovy® pill approved in the US as first oral GLP-1 for weight management

  • Technology
    • All
    • Environment
    • Science

    India AI Stack: Powering Intelligence at Scale

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

  • Auto

    BMW celebrates the inaugural edition of Art Basel Qatar.

    Tata Motors registered total sales of 41,549 commercial vehicle units in January 2026

    For the first time, India enters the Top 5 global markets list for Mercedes-Maybach

    PEUGEOT AND PATHÉ, AN UNPRECEDENTED PARTNERSHIP PROMOTING THE EXCELLENCE OF FRENCH CINEMA

  • Sports

    BCCI congratulates India Under-19 team on sixth ICC Under-19 World Cup triumph

    Third stage of ticket sales commences as countdown to ICC Men’s T20 World Cup 2026 begins

    Titan Smart introduces Celestor 2.0, onboards World No.3 Badminton pair, Chirag Shetty and Satwiksairaj Rankireddy as brand ambassadors

    Greenwood High student Wins Gold in Under-19 Peep Sight Air Rifle at the 69th National School Games (SGFI)

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

    LINDBERG Unveils an Exclusive Lunar New Year Precious Special Edition

    Pullman Chennai Anna Salai Celebrates Pongal with a Farm-to-Fork Tamil Harvest Buffet Thursday,15th of Jan 2026-

    Malaysia Airlines Celebrates Resumption of Direct Flights to Chengdu,Strengthening Connectivity to Western China 

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ADB-Supported Bus Rapid Transit System to Improve Transport in Karachi

by FWM
July 7, 2019
in Business
0

The Karachi Bus Rapid Transit Red Line Project will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

ISLAMABAD, PAKISTAN (5 July 2019) — The Asian Development Bank (ADB) has approved a $235 million loan to help develop a bus rapid transit (BRT) system with innovative energy and climate resilience features that will enhance access to quality public transport for people in Karachi, Pakistan’s largest and most populated city.

The Karachi Bus Rapid Transit Red Line Project will deliver the 26.6-kilometer (km) Bus Rapid Transit Line Red Line corridor and associated facilities benefiting as many as 1.5 million people, about 10% of Karachi’s population, who live within a kilometer of a Red Line BRT station. More than 300,000 passengers per day are expected on the Red Line BRT routes. ADB will partially administer two $100 million loans from the Asian Infrastructure Investment Bank and the Agence Française de Développement to jointly finance the project’s civil works and equipment costs.

“There is a need for a more sustainable, reliable, safe, and gender and environment-friendly transportation system in a city as dense and rapidly growing as Karachi. A sustainable transportation system will not only solve the city’s mobility issue but also its growing pollution problem,” said ADB Principal Urban Development Specialist (Transport) for Central and West Asia Mr. David Margonsztern. “The BRT system, with its innovative features, will address all these issues, improving the overall quality of lives of people in the city.”

The project will restructure the entire width of the Red Line BRT corridor, including the construction of 29 stations and dedicated lanes along the 26.6 km stretch; improvement of the mixed-traffic roadway with up to six lanes in each direction; inclusion of on-street parking and landscaped green areas in various locations; improvement of the drainage system to climate-proof the corridor; and installation of nonmotorized transport infrastructure such as bicycle lanes, improved sidewalks, and energy-efficient street lights.

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The project will also establish sustainable BRT operations in Karachi by improving the capacity of relevant transport authorities; designing the BRT business model and subsidy-free operations; implementing a bus industry transition program, including a fleet scrapping program and compensation mechanism; developing an effective public communications campaign; and delivering the BRT fleet, feeder e-vehicles, intelligent transport system, and a biogas plant.

ADB will also administer a $37.2 million loan and an $11.8 million grant from the Green Climate Fund (GCF). The GCF grant will finance climate change adaptation measures, including innovative drainage features such as bioswales (landscape elements designed to concentrate or remove debris and pollution out of surface runoff water); post-project emissions’ monitoring activities; and feeder e-vehicles. The GCF loan, meanwhile, will finance the biogas plant and the incremental cost of the transition from basic diesel bus technology to compressed natural gas hybrid bus technology, with the biomethane extracted from cattle waste.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. In 2018, it made commitments of new loans and grants amounting to $21.6 billion. Established in 1966, it is owned by 68 members—49 from the region.

Tags: Green Climate Fund (GCF).

FWM

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