JICA agrees for funding on Delhi Metro Phase-4 Metro Project

JICA agrees for funding on Delhi Metro Phase-4 Metro Project

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NEW DELHI, INDIA (Metro Rail News): As a major relief to Delhi Metro Rail Corporation (DMRC), Japan International Cooperation Agency (JICA) has given its approval to fund Delhi Metro Phase-4 expansion.

DMRC is facing financial crunches since the imposition of nationwide lockdown due to Covid-19 and the construction work on Phase-4 which was started in December 2019, has lost the pace due to the pandemic.

As the approval is granted by JICA, it is expected by DMRC that all loan procedures will be granted approval from Central and Delhi Governments at the earliest so that a large number of tenders will be floated for various works on multiple lines being approved under Phase-4 of Delhi Metro.

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Under Phase-4 of Delhi Metro, a total of 6 lines having a length of 104 km will be constructed. Out of these 6 lines, the Central Government has given approval to 3 lines having a total length of 65 km. These 3 lines are Magenta Line from Janakpuri West – R.K. Ashram (28.92 km) with 25 stations, Silver Line from atrocity – Tughlakabad (23.6 km) with 15 stations and Pink Line from Mukundpur – Maujpur (12.58 km) with 8 stations.

Phase-4 is expected to become fully operational by 2024. With the completion of this phase, Delhi Metro will become the world’s 4th longest metro rail system by route length.

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