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.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement