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EIB Global Announces INR 5,200 Crore in New Financing for Water, Sustainable Transport, and Green Energy Projects in India

Strategic Insights

— 2 min read

The European Investment Bank (EIB) has announced significant new financing to accelerate water, sustainable transport, and green energy projects across India. The €289.5 million (around INR 3,040 crore) financing will boost metro networks and green mobility in Nagpur and Pune, while $191 million (around INR 1,695 crore) will go towards clean water supply and sanitation upgrades in Uttarakhand. Additionally, $60 million (around INR 530 crore) has been committed to accelerate India's energy transition and climate action.

Key Takeaways:

  • EIB Global has announced over INR 5,200 crore in new financing to support water, sustainable transport, and green energy projects in India.
  • The financing includes €289.5 million (around INR 3,040 crore) for metro networks and green mobility in Nagpur and Pune.
  • The new financing will benefit over 900,000 people in Uttarakhand by providing new connections, reliable clean water, and sanitation.
  • $60 million (around INR 530 crore) has been committed to the India Energy Transition Fund for renewable energy, energy efficiency, and climate action projects.
  • The expected lifetime impact of the investment in the India Energy Transition Fund includes approximately 298 million tonnes of CO2 reduction and the creation of around 38 million job-years.
  • The financing agreements were announced at high-level meetings in New Delhi, in the presence of EIB Vice-President Nicola Beer and senior Indian government officials.
  • The new financing demonstrates the strength of the partnership between EIB Global and India, delivering real impact across clean water, sustainable transport, and the green energy transition.
  • The investments align with India's national development priorities and the EU Global Gateway strategy.

Statistics:

  • Date: October 2025
  • Total financing announced: over INR 5,200 crore (€700 million)
  • Financing for Nagpur and Pune metro projects: €289.5 million (around INR 3,040 crore)
  • Financing for Uttarakhand water and sanitation projects: $191 million (around INR 1,695 crore)
  • Investment in India Energy Transition Fund: $60 million (around INR 530 crore)
  • Lifetime impact of investment in India Energy Transition Fund:

+ CO2 reduction: approximately 298 million tonnes

+ Job-years: around 38 million

  • Since the beginning of its operations in India in 1993, the EIB has supported more than 100 projects in the country, investing EUR5.6 billion.
  • The EIB has financed around EUR8.4 billion in investments outside the European Union via EIB Global in 2024.

Sources:

  • European Investment Bank (EIB) press release, October 2025, "EIB Global announces more than INR 5,200 crore in new financing to accelerate water, sustainable transport and green energy projects across India"
  • EIB Global website, "EIB Global in India"
  • EIB Global website, "About EIB Global"
  • EIB website, "About the European Investment Bank (EIB)"
  • EIB website, "About the EU Global Gateway Investment Agenda"

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