AFD sanctions INR8.50 billion for Kochi Metro Phase IB May 18, 2016 | Asia Pacific News The Agence Française de Développement (AFD) has sanctioned a soft loan of INR8.50 billion to Kochi Metro Rail Limited (KMRL) for the development of Phase IB of the metro project. The loa... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password