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Japan lends US$540m to fund $2bn Delhi metro expansion

A signing ceremony for JICA's loan for the Delhi Metro expansion, at India's Ministry of Finance A signing ceremony for JICA’s loan for the Delhi Metro expansion, at India’s Ministry of Finance (Image courtesy of JICA)

The Japan International Cooperation Agency (JICA) has loaned 79,726 million Japanese Yen (US$540 million) for a $2 billion expansion of the Delhi Metro system in India.

The funds will go toward the Delhi Mass Rapid Transport System Project phase 4, which involves the construction of additional corridors to boost urban mobility in the National Capital Region (NCR) of Delhi.

Delhi faces severe traffic congestion and high air pollution levels.

To alleviate those problems, the project involves the construction of approximately 47 km of new metro corridors, including extensions of Line 1 and Line 5, and the development of a new Line 11.

It also includes the construction of 39 new metro stations, comprising 9 underground, one at-grade, and 29 elevated stations, along with a new metro depot.

The lines will feature advanced electrical, signalling, and communication systems, along with automatic fare collection systems. The project will include consulting services for design review, construction supervision, and technology transfer.

Tskeuchi Takuro, chief representative of JICA India, said, “The rapid increase in urbanisation and vehicle ownership in Delhi has led to severe traffic congestion and environmental challenges. The expansion of the Delhi Metro network is a critical step toward addressing these issues by providing a reliable, efficient, and eco-friendly mass transit solution. JICA remains committed to supporting India’s efforts in developing sustainable urban infrastructure, and this project will contribute significantly to improving the quality of life for Delhi’s residents.”

The project is expected to directly benefit approximately 400,000 daily commuters by 2031.

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