According to NDB, the proposed project is part of the Chennai Metro Rail Phase- II, which envisages constructing three metro rail corridors, namely Corridor 3, Corridor 4 and Corridor 5, for a total route length of about 119.6 km. Corridor 4 (the Project) will provide connectivity to the eastern and western parts of the city, whereas Corridor 3 and Corridor 5 will provide connectivity to the northern and southern parts of the city. The Project will construct a new metro line (Corridor 4) in Chennai with a total length of 26.8 km, including 30 metro stations. Upon completion, the Project will have a design capacity to carry daily 0.5 million passenger trips.
The Project will increase the adoption of rail-based transit systems as a mode of public transport, reduce greenhouse gas emissions, enhance travel comfort and reduce travel time.The Project will improve connectivity and mobility among important economic centers and residential areas of Chennai. It will increase productivity and improve the quality of life in CMA through developing an efficient, safe and environmentally friendly public transit system, as envisaged in the National Urban Transport Policy, Government of India.
ENVIRONMENTAL AND SOCIAL ASPECTS
The Project has been classified as Category A in accordance with the NDB Environment and Social Framework (ESF). The main environmental and social impacts include the acquisition of 8.3 hectares of private land, triggering physical displacement of approximately 690 households and economic displacement of approximately 300 households, removal of approximately 540 trees, disruption of traffic and public utilities, occupational safety risks, and general environmental pollution emissions and discharges during construction and operation.These impacts will be addressed and mitigated by adherence to country system requirements and management plans developed for the Project, including an Environmental and Social Impact Management Plan, to ensure compliance with country systems and NDB ESF.
The Project will be completed by the end of 2026. GoTN will be the Executing agency and CMRL will be the Implementing agency.NDB loan will finance procurement of systems and equipment components for the Project, following the CMRL's procurement manual, in compliance with the country system procurement laws and regulations, as well as with the core principles of NDB Procurement Policy.
Public Sector Department: Mukund Kumar
Ministry of Finance of Government of India: Prasanna V Salian, email@example.com
Chennai Metro Rail Limited: Rajesh Chaturvedi, rajesh.chaturvedi@c mrl.in
ACCESS TO INFORMATION
You can submit an information request for project information through a form at the bottom of the following webpage https://www.ndb.int/about-us/contact-us Alternatively, you can send an e-mail to firstname.lastname@example.org
ACCOUNTABILITY MECHANISM OF NEW DEVELOPMENT BANK
The New Development Bank (NDB) does not currently have an independent accountability mechanism to accept complaints related to NDB-financed projects. The Bank does have a whistleblower mechanism that receives complaints about misconduct related to corruption, fraudulent practices and instances of money laundering in projects financed by the NDB and/or against the NDB staff members. To learn more about the whistleblower mechanism and how to file a complaint, access this webpage at: https://www.ndb.int/about-us/whistleblowing