Kochi, Kerala has become India’s first city to have a Water Metro Project after the launch of its first boat in December 2021, namely ‘Muziris,’ among the 23 battery-powered electric boats being manufactured by Cochin Shipyard Limited. This launch is a part of the Rs 747-crore project which is operated by Kochi Water Metro Ltd (KWML). The boats will be called Water Metros.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
With a total outlay of Rs 819 crore, the project’s major part is financed under Indo-German Financial Cooperation through a long-term loan agreement of 85 million Euros (Rs 579 crore) with the German funding agency, KfW (Kreditanstalt für Wiederaufbau).
Important takeaways for all competitive exams:
Find More Miscellaneous News Here
India delivered the exceptional performance at the Asian Boxing U15 Championships 2026 and finished with…
As President of United States Donald Trump paid visit to China few days ago, both…
Indian Institute of Tropical Meteorology (IITM) Pune has launched a dedicated startup incubation centre which…
Centre has launched the ₹189.79 crore Mizoram Ginger Mission. This initiative aims to transform the…
The state of Rajasthan entered into the India's fastest growing semiconductor and electronics manufacturing sector…
National Highways Authority of India (NHAI) has launched 'Project Saksham' and to encourage the inclusive…