Mumbai Metro Rail II Project (NDB-mumbaimetrorailiiproj)

Countries
  • India
Where the impacts of the investment may be experienced.
Specific Location
Mumbai
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
Proposed
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
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)
$ 241.00 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)
$ 825.00 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

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Project Description

According to the bank's website, "The Project comprises financing of system components for implementing the proposed metro Line 6 in Mumbai, with rail infrastructure of about 14 km and 13 stations. Line 6 will provide the much needed rail-based connectivity between the western and eastern suburbs, and will contribute to a highly integrated public transport network in Mumbai."

The project's implementation agency is Mumbai Metropolitan Region Development Authority.

Investment Description

Contact Information

No contact information provided at time of disclosure.