ADB Approves $299 Million Loan for the Delhi-Meerut RRTS Project 

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RRTS
RRTS (Representational image)

Delhi-Meerut Regional Rapid Transit System (RRTS) Project progressed as Asian Development Bank (ADB) has approved the $299 million loan as the final tranche of the Multi-Tranche Financing Facility (MFF) on 30 September for the project. 

ADB is financing the Delhi-Meerut RRTS project under its Multi-tranche Financing Facility (MFF) in a total of four tranches.

The Delhi-Meerut RRTS project has a total estimated cost of ₹30,274 crore (around US$3.5 billion) which is supported by a multi-layered financing framework combining international development banks with central and state government contributions. 

The estimated financing plan for the Delhi-Meerut RRTS Investment Project is summarised below. 

Funding SourceAmount (₹ Crores)Share (%)
Asian Development Bank (ADB)8,706.730.4%
Asian Infrastructure Investment Bank4,150.014.5%
Japan Fund for Poverty Reduction24.90.1%
Government15,750.955.0%
Total Project Cost28,632.5100.0%

The Delhi-Meerut RRTS Corridor is a 82 km semi-high speed rail corridor which connects Delhi, Ghaziabad, and Meerut. Currently the 55 km stretch of Delhi-Meerut RRTS Corridor between New Ashok Nagar and Meerut South covering 11 stations is operational. 


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