ADB, JICA line up loans for Delhi-SNB RRTS
RAILWAYS & METRO RAIL

ADB, JICA line up loans for Delhi-SNB RRTS

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).

See also:
Railways to upgrade 1,000 small stations under new scheme
Siemens bags $3.2-bn order for 1,200 freight locomotives


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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). See also: Railways to upgrade 1,000 small stations under new schemeSiemens bags $3.2-bn order for 1,200 freight locomotives

Next Story
Real Estate

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Next Story
Infrastructure Transport

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Next Story
Infrastructure Urban

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement