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Loan pact for Delhi Metro signed by JICA

No Comments Sub Category:Metro Posted On: Apr 02, 2014

Today a loan agreement has been signed with the Government of India by the Japan International Cooperation Agency (JICA) to provide 1,40,000 million Japanese Yen of Japanese Official Development Assistance (ODA) for constructing the phase 3 of Delhi Metro under the Delhi Mass Rapid Transport System Project Phase 3 (II).

This loan is successive to another loan signed in 2012 for the phase 3 of the Delhi Metro entailing a total route length of 116 km of 1,27,917 million Japanese Yen (approximately Rs 7,659 crore).

Mr Shinya Ejima chief representative of JICA in India and Mr Rajesh Khullar, representing ministry of finance, signed an agreement in New Delhi.

Source: The Statesman

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