Delhi-Meerut Regional Rapid Transit System Investment Project - Tranche 2 (ADB-51073-004)

  • South Asia
Geographic location where the impacts of the investment may be experienced.
  • India
Geographic location where the impacts of the investment may be experienced.
Specific Location
Delhi NCR Region, Meerut
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)
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 3, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Ministry of Finance, India
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 1,299.60 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Apr 26, 2022

Disclosed by Bank Dec 3, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to ADB documents, the proposed investment will finance the first of three prioritized corridors of the planned regional rapid transit system (RRTS) network in India's National Capital Region (NCR). The Delhi-Meerut RRTS will pass through the densely populated sections of the NCR, connecting Delhi to Meerut in the state of Uttar Pradesh. The 82-kilometer corridor will provide safe, reliable, and high-capacity commuter transit services between various locations along the corridor. The investment project will finance rail track, signaling, station buildings, and maintenance facilities. It will also support capacity and institutional development of the National Capital Region Transport Corporation (NCRTC), a joint venture company of the Government of India and states of Delhi, Haryana, Rajasthan and Uttar Pradesh, that is mandated to implement the RRTS project across the NCR. Tranche 2 will finance the second slice of the contract packages under the investment project.


Plans for transport arteries to enhance regional connectivity have become critical for inclusive and sustainable development of the NCR. The NCR Regional Plan 2021 recommends integrating regional centers with each other and the capital through an integrated transport network to reduce pressure on Delhi and induce growth and development of settlements in NCR. The Functional Plan 2032 was then developed to detail out the specific polices of the Regional Plan related to the transport sector. The Functional Plan, approved by the NCR Planning Board in November 2009, recommended an integrated multi-modal transportation system for NCR to improve the mobility of both people and goods. The plan specifically includes a proposal for the construction of eight regional rapid transit system corridors, three of which are being prioritized for implementation, to connect Delhi to other cities in the NCR with high-speed commuter trains. Strengthening of urban mass transit systems and increasing environmental sustainability of cities through the development of railways is recognized in the country partnership strategy of ADB for India. The development of rail-based mass transit systems is governed by three main policies: National Urban Transport Policy (2006), National Transit Oriented Development Policy (2015), and Metro Rail Policy (2017).


Impact: Urban mobility in the National Capital Region improved.

Outcome: Efficiency, safety, social inclusiveness, and environmental sustainability of transport in the Delhi-Meerut regional rapid transit system (RRTS) corridor improved.

Outputs: (i) Delhi-Meerut RRTS corridor commissioned, (ii) Institutional capacity of the NCRTC strengthened, and (iii) Mobility and economic opportunities of women and differently abled improved

Implementation Arrangements: Ministry of Housing and Urban Affairs and National Capital Region Transport Corporation will be the executing agencies.

Project Readiness: Readiness is high as the complete scope to be financed by the MFF has been appraised by ADB. Environmental and social due diligence have been completed for the entire corridor. The COVID-19 pandemic has not affected the project implementation arrangements or cost estimate. The project implementation period of 7 years provides adequate cushion for some delays. As instructed by the government, guidelines and standard operating procedures have been developed and are being strictly implemented for resumption of regular works at various NCRTC site offices and construction sites.


The proposed tranche 2 project is classified as environmental impact category A under ADB’s Safeguard Policy Statement (2009). The safeguard aspects of the project were fully appraised during the preparation of tranche 1 and there is no change in scope nor environmental issues under tranche 2. The safeguard documents disclosed on the ADB website remain in effect and do not require updates.Most of the alignment will be built along the center of an existing busy highway. Given the large scale of construction works involving the use of heavy equipment, health and safety risks are anticipated for the construction workers, existing road users, and residents living near the alignment. Other anticipated environmental issues include removal of trees; disturbance from construction-related noise and vibration; generation of large quantities of waste, including excavated material; risks of health and communicable diseases from large numbers of workers; and generation of dust, air, and water pollution.

The NCRTC has prepared an environmental assessment and review framework, and an environmental impact assessment (EIA), including an environmental management plan (EMP), in accordance with ADB’s Safeguard Policy Statement. The EIA was disclosed on 19 May 2020. In addition to the EMP, the contractors are also required to follow safety, health, and environmental guidelines for metro projects in India. Mitigation measures for all environmental risks identified for the project have been addressed through design measures and inclusion of appropriate actions in the EMP and the safety, health, and environmental guidelines. The NCRTC held consultations with key project stakeholders throughout EIA preparation and these will be continued during project implementation. A grievance redress mechanism is being implemented under the project to address complaints and grievances.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

ADB approved the MFF in an aggregate principal amount of $1,552 million on 18 August 2020. This comprises: (i) $1,049 million from ADB's ordinary capital resources; (ii) $500 million from the Asian Infrastructure Investment Bank, partially administered by ADB; and (iii) $3 million grant from the Japan Fund for Poverty Reduction, fully administered by ADB. The Asian Infrastructure Investment Bank, which will fund tranche 2 for $500 million, approved the loan on 29 October 2020.

Implementation of tranche 1 is on track. As of 20 October 2021, contracts awarded have totaled $491.8 million, and a total of $113.1 million has been disbursed out of the $500 million from tranche 1.

Contact Information
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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
Jaideep, Officer on Special Duty (Urban Transport)<< span="">
Nirman Bhawan, Maulana Azad Road New Delhi 110 011 India</<>
National Capital Region Transport Corporation
Rajiv Datt, Senior Advisor, Resource Mobilization and Land Value Capture<< span="">
7/6, Siri Fort Institutional Area August Kranti Marg, New Delhi - 110049</<>


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