PATNA (Metro Rail News): Japan International Cooperation Agency (JICA) delegation has arrived in Patna on Thursday, 12 May to review the Patna Metro Rail Project. JICA is expected to provide financial assistance to the Patna Metro rail project.
According to the officials of the State Urban Development and Housing Department (UDHD), the JICA delegation has come for a week and will inspect the construction of the priority corridor and other initial works on networks and metro stations on the ground from today. The team will also review the DPR of the project.
JICA is expected to give Rs 5520.9 crore to the Bihar government for this project according to the loan agreement. The total cost of the Metro rail project is Rs 13,365.77 crore, of which the central government has to give Rs 1840.31 crore. Out of this, the centre has released Rs 262.50 crore while the state government share is Rs 5,908.17 crore, out of which 1070.59 crore has been released. Until now Rs 615.72 crore has been spent on the construction work on the priority corridor between Malahi Pakri and Patliputra Bus Terminal, which is a part of the 14.5 km-long Corridor II.