Delhi Metro | JICA refuses to lend money to DMRC to buy new metro coaches

This is slightly disappointment for Delhi Metro, dispute over Phase-IV is going for prolonged period which is not yet resolved which affects the JICA proposal to lend money for extra coaches which DMRC was likly expecting to get in.

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Delhi Metro Pink Line Train
Delhi Metro Pink Line Train

New Delhi: Recently Japan International Corporation Agency (JICA) has refused to lend money to buy new metro coaches. As per Delhi Metro Rail Corporation (DMRC) at initial stage there is a need for installation of 156 metro coaches. In order to purchase these metro coaches the total estimated cost is Rs 1,958 crore, as per official record.

According to official report when DMRC asked JICA for the loan purchase for 156 metro coaches, JICA did not given any response now it will demand a loan from the NCR Planning Board. In order to have NCR approval, it is necessary to get approval from the DMRC Board and Delhi Government cabinet.

When on January 15, 2018, proposal for metro coaches was sent to Delhi Government and Central Housing and Urban Development Ministry for additional 200 metro coaches. When the proposal was reviewed was found that there is need of 120 broad-gauge metro coaches were required to convert the metro trains of line 1, 2, 3 and 4 into those with 8 coaches. And in addition to this 44 more standard gauge metro coaches are required to convert 4-coach metro trains to 6-coach ones on line 5 of the network.

If the new coaches did not arrive by the year 2019, people will not be able to board Delhi Metro. When commuters travel from Yamuna Bank to Noida City Center or Vaishali, Metro commuters usually need to wait for 5.18 minutes. If this new coaches arrived the waiting time for commuters will be automatically reduced to 2.25 minutes. Apart from this commuters will also get relief from waiting long time while travelling from Kashmere Gate to Green Park they will get the services in less than 1.54 minutes. The frequency of Delhi Metro services between the Ashok Park Main and Indralok will be also reduced to 5.44 minutes from usual period.

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