NEW DELHI (Metro Rail News): A delegation of senior officials from the Japanese government and the Asian Development Bank (ADB) visited the recently inaugurated priority section of the Delhi-Ghaziabad-Meerut RRTS corridor on 17th November, 2023.
The Delegation
The delegation included Mr Daiho Fujii, Deputy Vice Minister of Finance for International Affairs, Japanese Ministry of Finance; Mr Shigeo Shimizu, Executive Director for Japan, Asian Development Bank; Ms Nanami Shigyo, Deputy Director of Multilateral Development Banks Division, International Bureau, Japanese Ministry of Finance; and Mr Takeo Konishi, Country Director for India, Asian Development Bank, among others.
Shri Vinay Kumar Singh, managing director of NCRTC, accompanied the delegation on its visit, among other officials.
The weekly brief metro & rail professionals read.
Activities
The activities performed during the visit include taking a ride in the Namo Bharat trains, contributing to the plantation drive & witnessing a demonstration of the self-defence training program being conducted by NCRTC.
Funding by ADB
The entire 82 Km stretch of the Delhi-Meerut RRTS corridor is being built at an estimated cost of Rs 31,632 Crore. The debt for the same is in a 60:40 equity ratio that the Asian Development has fully facilitated. Toral funds facilitated by ADB amount to $ 1552 Million, which is approximately 45% of the total funds being used to build the project.
| Financing Source | Total in Million USD | Share % of total |
| ADB | 1,049.0 | 30.4 |
| Asian Infrastructure Investment Bank | 500.0 | 14.5 |
| Japan Fund for for Prosperous and Resilient Asia and the Pacific | 3.0 | 0.1 |
| Government | 1,897.7 | 55.0 |
| Total | 3,449.7 | 100 |
The Central government has contributed Rs 5,687 crore, while the Uttar Pradesh Government has given Rs 5,828 crore & over Rs 1150 crore by the Delhi government.
RRTS
The Rapid Rail Transit System (RRTS) is a mass rapid transit network stretching 82.15 kilometres, connecting Delhi’s Sarai Kale Khan with Ghaziabad and Meerut. The inaugural phase of the priority corridor, spanning 17 kilometres, was inaugurated by Prime Minister Modi. This segment includes five stations: Sahibabad, Ghaziabad, Guildhar, Duhai, and Duhai Depot.
Discover the endless possibilities of our city’s Metro at InnoMetro, our flagship Expo and Conference. Be an active participant in shaping its future towards a more sustainable tomorrow. Stay informed and join us to take a step towards a brighter future.
Guide