Delhi-Ghaziabad-Meerut Regional Rapid Transit System Project (NDB-delhighaziabadmeerutr)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Delhi
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
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
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
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 4,268.48 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Jul 8, 2020

Disclosed by Bank Jun 17, 2020

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Project Description

Accorning to the bank website, "The Project comprises construction of a rapid rail corridor with a total length of about 82 km (68 km elevated and 14 km underground) with 24 stations. The Project involves state of the art technologies for rolling stock, signaling and telecom, etc. The RRTS will have a design speed of 180 km per hour and an operating speed of 160 km per hour, which will reduce the journey time from Delhi to Meerut to 60 minutes. The corridor will enable high passenger carrying capacity, passenger comfort and safety and multi-modal integration with other transport modes."

The project's implementing agency is National Capital Region Transport Corporation Limited.

Investment Description
  • New Development Bank (NDB)
Contact Information

No contact information provided at time of disclosure.