ADB, JICA line up loans for Delhi-SNB RRTS

28 Dec 2022 CW Team

The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have started evaluating loan proposals for the 106.5-km Delhi-SNB (Shahjahanpur-Neemrana-Behrod) Regional Rapid Transit System (RRTS) line.

These loan proposals are in addition to the $457 million proposal from the World Bank. The agencies’ names first appeared in the Environmental and Social Impact Assessment (ESIA) procurement form in 2020 as a project financer.

According to ADB updates, on October 11, its team approved a concept proposal to lend the project $1,382 million. ADB is already financing the 82.15-km Delhi-Meerut RRTS line with a $1.049 billion loan approved by its board in August 2020.

Its proposed loan of approximately Rs 114.16 billion would be applied for the construction and system procurement of a second semi-high-speed rail line in Delhi-NCR.

The line to SNB will have a design speed of 180 km/h and an operating speed of 160 km/h, the same as the Meerut line. It will eventually be expanded 35 km to Sotanala and 58 km to Alwar in the south.

The NCRTC and JICA have also been in communication since 2019. According to the World Bank’s project information document, JICA is appraising a loan of $890 million (Rs 73.52 billion).

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..