Nagpur, India (Metro Rail Today): The Asian Development Bank (ADB) has granted a significant boost to the Nagpur Metro Phase 2 project with a $200 million loan, approximately ₹1,678 crore. This financial support was officially confirmed in late July and will aid in the expansion of Nagpur’s metro network.
Phase 2 Expansion Details
The Nagpur Metro Phase 2 project, managed by Maharashtra Metro Rail Corporation Ltd. (MMRCL or Maha-Metro), is set to extend the existing metro lines established in Phase 1. The new phase will cover a total length of 43.8 km, incorporating both elevated and at-grade sections:
This extension will connect key areas, including Kanhan to the north, Butibori MIDC to the south, Transport Nagar (Kapsi) to the east, and Hingna to the west.
Loan Implementation and Timeline
The ADB loan will be utilized across various aspects of the project, including civil works, power supply, traction systems, station utilities, and essential equipment. The implementation period is slated from August 2024 to April 2029, with the project expected to be completed by October 31, 2028, and the loan closing date set for April 30, 2029.
Focus on Modern Infrastructure and Connectivity
As part of the project, metro stations will feature advanced safety and security technologies. The design will cater to women, students, and individuals with disabilities, ensuring accessibility and inclusivity. Additionally, ADB’s support extends to enhancing connections between metro stations and other transport services within Nagpur, such as buses, e-rickshaws, e-scooters, and bicycles. This focus aims to promote non-motorized transportation and improve last-mile connectivity to the city’s outskirts.
Funding and Contract Status
The total estimated cost for Nagpur Metro Phase 2 is approximately $912.81 million (₹7,658.72 crore). In addition to the ADB loan, the European Investment Bank (EIB) is evaluating a loan of €210.72 million (about ₹1,943 crore) to further support the project.
Current contracts under technical evaluation include:
The approval of the $200 million loan by the ADB marks a pivotal development for Nagpur Metro Phase 2, reinforcing the commitment to expanding and modernizing the city’s metro infrastructure. With enhanced connectivity, modern facilities, and a focus on sustainability, Phase 2 is set to significantly improve public transport in Nagpur, benefiting both daily commuters and the broader urban community.