Japan Bank of International Cooperation (JBIC)
has completed the project appraisal for the Rs.8,118 crore Phase II of Delhi
Metro Project. The decision is expected in one month's time. JBIC officials
appraised the project from economic and environmental view, for the proposed 48
per cent funding in Phase-II.
The Central Government and the Delhi Government
are expected to jointly finance 15 per cent each of the project cost through
equity contribution, in addition to providing subordinate loan to cover the cost
of land acquisition, which roughly works out to five per cent of the project
cost. In addition, five per cent funds will come from internal accruals of DMRC,
and another five per cent from property development.
The detailed project report of Phase-II has
finalized six routes with a total length of 53.02 km. There will be 45
stations in this phase. Of the 53.02 km, about 42.24 km will be elevated, 8.93
km will be underground and 1.85 km will be at grade level.
The Phase-II will include
- Delhi University-Jahangirpuri
- Central Secretariat-Qutab Minar
- IP-Yamuna Depot-New Ashok Nagar
- Yamuna Depot-Anand Vihar ISBT
- Shahadra-Dilshad Garden and Kirti Nagar-Mundka.
Also See:
GoM
clearances for metro Phase II (01-Sep-05)