GMRL submits loan proposal to the World Bank for Gurugram Metro Phase 2

MRT Online Desk Posted on: 2026-02-24 10:03:00 Viewer: 80 Comments: 0 Country: India City: Gurgaon

GMRL submits loan proposal to the World Bank for Gurugram Metro Phase 2

Gurugram, India (Metro Rail Today): The Gurugram Metro Rail Limited (GMRL) has submitted the tender documents and loan proposal for Phase 2 of the Gurugram Metro project to the World Bank for review and approval. GMRL has sought financial assistance covering 60 percent of the estimated project cost, currently pegged at around ₹2,800 crore.

Approval for the loan is anticipated next month. The proposed metro spur to Old Gurugram railway station has been deferred for now, pending a detailed social and environmental impact assessment recommended by the World Bank.

The Old Gurugram Metro Project, spanning 28.5 km, was initially planned with European funding and later under Haryana Mass Rapid Transport Corporation Limited. It is now dependent on financing support from either the World Bank or the Asian Infrastructure Investment Bank.

Phase 1 tenders were floated last September. Phase 2 will cover the route from Sector 9 to DLF Cyber City, with an estimated cost of nearly ₹3,500 crore. Phase 3 will include the development of a metro depot in Sector 33.

The second phase will include stations at Sector 7, Sector 4, Sector 5, Gurugram Railway Station, Ashok Vihar, Sector 3, Bajghera Road, Palam Vihar Extension, Palam Vihar, Sector 23A and Sector 22. The alignment between Sector 22 and DLF Cyber City has been revised, leading to adjustments in station locations.

Mrs. Mamta Shah, MD & CEO, Urban Infra Group, stated, “Securing multilateral funding support for Gurugram Metro Phase 2 reflects growing confidence in India’s urban transport reforms. However, integrating environmental and social safeguards early in the planning stage will be critical to ensuring sustainable and inclusive metro expansion.”

Both developments underscore the continued push for metro network expansion across key urban centres, backed by structured financing and strategic corridor planning.

  




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