Original disclosure @ AIIB website
Updated in EWS Jun 29, 2020
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According to bank documents, "The proposed Project will connect Modipuram in Meerut to Sarai Kale Khan in Delhi through constructing an 82-km rail-based rapid transit system, with a design speed of 180 km per hour (km/ h) and an average speed of 100 km/h.
The Project components to be jointly cofinanced with Asian Development Bank (ADB) and Japan Fund for Poverty Reduction (JFPR) are:
Component A: Civil works (underground tunneling and stations, elevated viaduct and stations, and two depots)
Component B: Signaling and Telecommunication, Electrical works, and Traction
Other Project components to be financed by the Government of India, Government of Uttar Pradesh, and Government of Delhi (Governments) are detailed design consultants, General Consultant, and two elevated civil works packages. Further, rolling stock is also proposed to be financed by the Governments."
ADB US$ 1,549 million
apan Fund for Poverty Reduction US$ 3 million
Governments US$ 1,897.7 million
Soon Sik Lee
Project Team Leader and Principal Investment Operations Specialist (Transport)
Asian Infrastructure Investment Bank
Mission Leader and Principal Transport Specialist
Asian Development Bank
Prasanna V. Salian
Department of Economic Affairs, Ministry of Finance
Republic of India
National Capital Region Transport Corporation (NCRTC)
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html.