Nashik Metro Neo Project (ADB-55354-001)

Countries
  • India
Geographic location where the impacts of the investment may be experienced.
Specific Location
Nashik
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
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."
Borrower
Government of India - Ministry of Housing and Urban Affairs
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 161.00 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.
Grant Amount (USD)
$ 1.00 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.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 5, 2024

Disclosed by Bank Dec 12, 2023


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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 the Bank’s website, Metro neo at Nashik is likely to be the first in India. It is designed to cater to the needs of smaller cities and costs much less than heavy metro rail systems, prevalent in many cities in India. The project will comprise a mass transit system along two corridors to provide comfortable, safe, reliable, and fast connectivity between important activity centers and transit hubs; and meet the rising transport demand in the city. The metro neo will have articulated or standard electric coaches with rubber tires and an overhead traction system, and will run on an entirely elevated corridor with a curb guidance system. These electric coaches will also be capable of running on the proposed feeder routes using built-in batteries, which will allow them to run without overhead traction for about 20 km. The batteries will be charged while the trains are operating with overhead traction, and will eliminate any need for separate charging stations.

The detailed project report has already been prepared. Topographical and geotechnical surveys for both corridors, and preliminary designs have been done for all stations. Maha Metro has also constructed a life-size prototype of the metro neo at Nagpur, which is about 100 meters long, on an elevated alignment, and has one station. A prototype rolling stock has also been placed adjacent to the station. The prototype will give adequate design input for preparing the detailed design of the project for civil structures, rolling stock, signaling system, station design, as well as intermodal integration at stations. Approved by Government of Maharashtra and recommended by the Public Investment Board for approval by the national government

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Adverse impacts, if any, are expected to be site-specific, few, and in most cases mitigation measures can be designed more readily than for category A projects. An initial environmental examination is required.

The project has the potential for involuntary resettlement that is not deemed significant. Private land will not be required for the metro neo elevated track as the proposed design and alignment utilizes the median of existing roads. For three proposed depots, the Nashik Municipal Corporation will hand over around 17 acres of land to Maha Metro.

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

Ordinary capital resources: US$ 161.00 million

Technical Assistance Special Fund: US$ 1.00 million


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

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.

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