India, Feb. 24 -- Gurugram Metro Rail Limited (GMRL) on Monday said it has sent the tender document and loan proposal for the construction of phase two of the Gurugram metro to the World Bank for scrutiny and approval.

The GMRL is seeking a loan from the World Bank, which would be 60% of the project cost, currently estimated at around Rs.2,800 crore. In a related development, GMRL officials said that the proposal to develop a separate spur of the Gurugram metro towards Old Gurugram railway station will be taken up later, as the World Bank has recommended an assessment of the social and environmental impacts.

A senior GMRL official said that the metro corporation had submitted the tender document and the loan proposal to the World Bank l...