
NEW DELHI (Metro Rail News): The outstanding principal loan of the Delhi Metro Rail Corporation (DMRC) from the Japan International Cooperation Agency (JICA) was ₹35,828 crore as of June 2026, as reported by the Union Government to the Rajya Sabha. The government also stated that DMRC has repaid ₹9,948.09 crore from its operational revenue over the years. Union Minister of State for Housing and Urban Affairs Tokhan Sahu shared these figures in a written reply to a question in the Rajya Sabha.
Outstanding JICA loan remains above ₹35,000
Delhi Metro has depended on long-term funding from JICA to develop several phases of its network. The outstanding principal loan payable by DMRC was ₹35,828 crore in June 2026 at the current exchange rate. The minister indicated that the sanction orders for Delhi Metro projects already include plans for loan repayment, making sure the repayment process is part of the project’s financial structure.
Centre and Delhi Government continue financial support
The weekly brief metro & rail professionals read.
The government also provided details about financial support given over the last five years.
Funding released during the last five years:
- Central Government: ₹6,604.37 crore
- Delhi Government: ₹6,155.44 crore
The funds include equity, grants, and subordinate debt for various phases of the Delhi Metro network’s implementation.
DMRC repaying loan through operational revenue
The minister informed Parliament that DMRC has repaid nearly ₹9,948.09 crore to JICA using its operational revenue. He also mentioned that the corporation is strengthening its finances by increasing non-fare box revenue through commercial activities, which helps keep fares affordable for commuters.
Fare revision follows existing law
In response to questions about Metro fares, Tokhan Sahu said fare setting is done according to the Metro Railways (Operation and Maintenance) Act, 2002. He added that commuter affordability is a crucial factor in fare revisions. Meanwhile, DMRC continues to boost revenue from advertising, property development, and other commercial sources to lessen its reliance on fare income.
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