JICA will support metro projects through ODA loans and technical cooperation
Technology

JICA will support metro projects through ODA loans and technical cooperation

Katsuo Matsumoto, Chief Representative, JICA India

To assist India in building its metro network, JICA has extended a cumulative loan amount of Japanese Yen 1.3 trillion (about Rs 870 billion) for six cities: Delhi, Bengaluru, Chennai, Kolkata, Mumbai and Ahmedabad. Katsuo Matsumoto, Chief Representative, JICA India, shares more….

Current success of metro-rail projects in India
India has successfully expanded its overall transportation network to ensure better connectivity within cities. The country’s robust metro-rail network has added to the economic development within these cities by providing easy, smooth and environment-friendly commuting. Metros have not only been successful in coping with the increasing demand for urban transport but in increased speed of vehicles and reduced road accidents. JICA-supported ongoing metro projects envisage building an efficient urban transportation system to cater to the growing population. The success of metro projects in India can be seen from the fact that besides carrying billion of passengers, they have considerably reduced vehicular pollution and provided commuters with an alternate means of travel that is faster and reliable. The metro has supported women who travel alone by strengthening security and ensuring safety even at odd hours and at remote places—31 per cent of all Delhi Metro passengers are women, of which 82 per cent travel alone in the metro. Indeed, the metro networks in Delhi, Bengaluru, Kolkata, Chennai, Mumbai and Ahmedabad have been carefully designed keeping in mind the specific needs of the cities, including inclusive growth and development. JICA wishes to continue to support metro projects through ODA loans and technical cooperation in India.

Projects supported
JICA has been supporting projects in Delhi, Bengaluru, Chennai, Kolkata, Mumbai and Ahmedabad. In 2018, JICA signed an official development assistance (ODA) loan of Rs 16 billion for the third tranche of Kolkata metro between Howrah Maidan to Salt Lake Sector V, including an underwater section, which is first of its kind in India. A Rs 33 billion loan for Delhi Metro Phase 3 and Rs 43 billion for the first tranche of Chennai Metro Phase 2 were also signed for building a metro-rail system.

Challenges foreseen
Metro projects form the mobility backbone of the transport system in urban areas and the need to expand them becomes a crucial concern. Many engineering challenges in the underground and elevated stations, including safety protocols, land acquisition and rehabilitation and resettlement (R&R), become bottlenecks in project execution. The financial requirement poses another challenge, which needs to be tackled through careful assessment of feasibility and readiness to involve private-sector participation. We believe India has been successful in mitigating these bottlenecks so far, ensuring quality infrastructure for its people. Looking further, there is probably much more room to forge a good framework where sustainability of metros could be enhanced through conversion of their spill-over economic effects into measures for new revenue generation. There is also a need to secure easy access of passengers to metro stations.

Katsuo Matsumoto, Chief Representative, JICA IndiaTo assist India in building its metro network, JICA has extended a cumulative loan amount of Japanese Yen 1.3 trillion (about Rs 870 billion) for six cities: Delhi, Bengaluru, Chennai, Kolkata, Mumbai and Ahmedabad. Katsuo Matsumoto, Chief Representative, JICA India, shares more….Current success of metro-rail projects in IndiaIndia has successfully expanded its overall transportation network to ensure better connectivity within cities. The country’s robust metro-rail network has added to the economic development within these cities by providing easy, smooth and environment-friendly commuting. Metros have not only been successful in coping with the increasing demand for urban transport but in increased speed of vehicles and reduced road accidents. JICA-supported ongoing metro projects envisage building an efficient urban transportation system to cater to the growing population. The success of metro projects in India can be seen from the fact that besides carrying billion of passengers, they have considerably reduced vehicular pollution and provided commuters with an alternate means of travel that is faster and reliable. The metro has supported women who travel alone by strengthening security and ensuring safety even at odd hours and at remote places—31 per cent of all Delhi Metro passengers are women, of which 82 per cent travel alone in the metro. Indeed, the metro networks in Delhi, Bengaluru, Kolkata, Chennai, Mumbai and Ahmedabad have been carefully designed keeping in mind the specific needs of the cities, including inclusive growth and development. JICA wishes to continue to support metro projects through ODA loans and technical cooperation in India.Projects supportedJICA has been supporting projects in Delhi, Bengaluru, Chennai, Kolkata, Mumbai and Ahmedabad. In 2018, JICA signed an official development assistance (ODA) loan of Rs 16 billion for the third tranche of Kolkata metro between Howrah Maidan to Salt Lake Sector V, including an underwater section, which is first of its kind in India. A Rs 33 billion loan for Delhi Metro Phase 3 and Rs 43 billion for the first tranche of Chennai Metro Phase 2 were also signed for building a metro-rail system.Challenges foreseenMetro projects form the mobility backbone of the transport system in urban areas and the need to expand them becomes a crucial concern. Many engineering challenges in the underground and elevated stations, including safety protocols, land acquisition and rehabilitation and resettlement (R&R), become bottlenecks in project execution. The financial requirement poses another challenge, which needs to be tackled through careful assessment of feasibility and readiness to involve private-sector participation. We believe India has been successful in mitigating these bottlenecks so far, ensuring quality infrastructure for its people. Looking further, there is probably much more room to forge a good framework where sustainability of metros could be enhanced through conversion of their spill-over economic effects into measures for new revenue generation. There is also a need to secure easy access of passengers to metro stations.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code