ADB to fund Jaipur metro extension

The Asian Development Bank (ADB) will provide a $176 million loan to construct Jaipur Metro's phase-I (B) project, an additional 2.3 kilometre underground stretch from Chandpole to Badi Chaupar, along with two stations, that should be ready to provide access to the central business district by March 2018. A 9.7 kilometre long elevated line 1 of the metro from Mansarovar in the western part of the city to Chandpole is under construction on the western edge of the central business district and will open by
May 30, 2014 Read time: 2 mins
The 2128 Asian Development Bank (ADB) will provide a $176 million loan to construct Jaipur Metro's phase-I (B) project, an additional 2.3 kilometre underground stretch from Chandpole to Badi Chaupar, along with two stations, that should be ready to provide access to the central business district by March 2018.

A 9.7 kilometre long elevated line 1 of the metro from Mansarovar in the western part of the city to Chandpole is under construction on the western edge of the central business district and will open by July-August 2014.

The metro will provide connections to the entire central business district. The extended line is expected to carry 126,000 passengers every day during its first year of operation. The stations along the Line 1 will connect existing and planned bus routes to help travel to other parts of the city much faster.

Officials said the ADB's loan will also help finance studies into the planned 23 kilometre long north-south line 2. This study will be completed towards the end of 2015.

For more information on companies in this article

Related Content

  • Ukraine, Poland ‘boast the most modernised infrastructure in eastern Europe’
    November 13, 2012
    Preparations for hosting the major sporting event, the Euro 2012 European football championship, enabled Ukraine and Poland to give their infrastructure the biggest facelift in the region and beyond. While three-quarters of Poland's expenditure was covered by EU funds, Ukraine financed the building of roads, hotels, and airports itself. Ukraine, however, did receive a EUR 2.2 billion loan from the European Bank for Reconstruction and Development (EBRD). "The infrastructure sector will definitely remain one
    Read More
  • Development banks pledge US$175 billion for clean transport
    June 21, 2012
    Eight of the world’s largest multilateral development banks (MDBs) banks yesterday pledged to invest US$175 billion over the next 10 years to support sustainable transport in developing countries. The pledge was made at the UN Sustainable Development Conference in Rio de Janeiro (Rio+20) by the African Development Bank, Asian Development Bank, CAF- Development Bank of Latin America, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, Islamic Developme
    Read More
  • Strabag consortium wins Colombia highway concession
    July 7, 2015
    ANI, Colombia’s national infrastructure agency, has awarded the SAC 4G consortium a US$898 million contract to design, build, finance and operate the 176 km Autopista al Mar 1 motorway over 25 years. The consortium comprises Austrian construction group Strabag, Spain’s Sacyr and Concay of Colombia. The project, in the Department of Antioquia in north-western Colombia and will link Medellín, the capital of Antioquia, with the cities of San Jerónimo and Santa Fe de Antioquia before continuing to Bolombo
    Read More
  • Thales to upgrade Greater Cairo Metro
    December 18, 2015
    More than 30 years after winning its first contract for the Greater Cairo Metro, Thales has signed two contracts with the metro operator; the first is for an upgrade of the fare collection system for Lines 1 and 2 of the Egyptian capital’s rapid transit network and the second for a full integrated communications and supervision system for the Al Thawra extension on the line 3 (Phase 3). Thales will deploy its TransCity fare collection solution on Lines 1 and 2 of the Cairo Metro, replacing the equipment
    Read More

Highlighted Content