New Delhi: A loan 2 billion dollars has been announced by Japanese Prime Minister Shinzo Abe for third phase expansion of Delhi Metro that would add another 103 km to the network.
After a summit meeting with Prime Minister Manmohan Singh, Abe made the announcement.
The metro projects have been financially assisted by Japan International Cooperation Agency. The agency had funded Phase-I and Phase-II of Metro network.
The estimated cost of third phase expansion of Delhi Metro is Rs.35,242 crore.
Notify that the third phase of the Delhi Metro project includes Mukundpur-Yamuna Vihar corridor of 55.69 Kms, Janakpuri West- Kalindikunj corridor of 33.49 kms, Central Secretariat – Kashmere Gate line of 9.37 kms and Jahangirpuri-Badli line of 4.489 kms.
The project has been expected to be completed by March 2016 and there will be a total of 67 stations with 15 inter-change points.
Bureau Report
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