Plan changes, expensive raw material to push Delhi Metro phase III cost by 30 pct

Comments 0
Rise in costs is largely due to changes made in some corridors in favour of underground sections from elevated lines. Rise in costs is largely due to changes made in some corridors in favour of underground sections from elevated lines.
SummaryThe third phase of the Delhi Metro is expected to be completed by March 2016.

billion yen for the Phase III is higher than the first two phases combined also because the Phase III alone is 136 km in total length, while Phase I & II combined were about 190 km.

JICA, which has the largest exposure to India in all its development finance programmes, has lent 3.7 trillion yen to the country since the start of the relationship in 1958 and 2012. The agency, which is also financing urban metro rail projects in Mumbai, Bangalore, Chennai and Kolkata apart from energy and water treatment plants, saw its loan commitments touch a peak of 349 billion yen in FY13.

Single Page Format
Ads by Google

More from Economy

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...