The Asian Development Bank has agreed upon a 1 billion USD funding package for the National Capital Region Transport Corporation’s Delhi-Ghaziabad-Meerut RRTS route.
The Delhi-Meerut route is one of the three routes that NCRTC has begun work on in the National Capital Region area.
The 82-kilometer Delhi–Meerut regional rapid transit system (RRTS) network is the first of three priority rail corridors in the country’s integrated transport network under the NCR Regional Plan 2021. This project will finance the construction of railway tracks, station buildings, maintenance facilities, and traction and power supply.
The RRTS will use advanced, high technology signalling systems based on latest standards and will have multimodal hubs to ensure smooth interchange with other transport modes. The design of the stations will feature and consider the needs of the elderly, women, children, and differently-abled.
“Efficient and integrated transport solutions are critical for managing the rapid urbanization and ensuring balanced urban development of the region” said ADB Principal Transport Specialist Sharad Saxena. “This project will also provide safe, reliable and seamless travel between Delhi and other NCR cities and pave the way for a paradigm shift in mobility across the NCR.”
Financing for the project will be implemented in four tranches between August 2020 and May 2025. The Government of India will provide $1.89 billion and co-financiers are expected to provide $1 billion of the total project cost of $3.94 billion.
