Delhi-Meerut Regional Rapid Transit System Project (ADB-51073-002)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
National Capital Region
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2,049.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 0.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 17, 2019

Disclosed by Bank Oct 31, 2018


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Project Description

According to the bank website, "the Delhi-Meerut Regional Rapid Transit System (RRTS) Project will finance a new, dedicated, high-capacity, rail-based commuter transit corridor. The estimated 82 kilometer (km)-long corridor will pass through the densely populated sections of the National Capital Region (NCR) connecting Delhi to Meerut via Ghaziabad. The project will finance rail track, signaling, electrical and mechanical works, station buildings and maintenance facilities. The project will also support capacity and institutional development for setting up an operation and maintenance organization."

 

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Responsible ADB Officer Saxena, Sharad
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies Ministry of Housing and Urban Affairs
Nirman Bhawan, Maulana Azad Road
New Delhi 110 011
India

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main