Patna Metro Rail Project Waiting for Funds from the Japanese Agency – News2IN
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Patna Metro Rail Project Waiting for Funds from the Japanese Agency

Patna Metro Rail Project Waiting for Funds from the Japanese Agency
Written by news2in

Patna: Japan International Cooperation Agency (JICA) is likely to start funding corridors I (Danapur to Khemnichak through Meetethapur) and Corridor II (Patna Junction to ISBT via Gandhi Maidan) Construction work Patna Metro Rail Corporation Limited (PMRC) with the next month.
PMRC and JICA have several meetings in November in the acquisition of land for the ISBT Patna Metro Rail Depot and other metro stations.
A PMRC official said the JICA delegation believes that obstacles in land acquisition have been cleaned.
“The company can submit a final report and issue a statement to provide a loan RS8.019.4 Crore after the next meeting this month.
As soon as we get funds, the construction of the Metro station and the network will begin,” the official said.
The central government team led by Durga Shanker Mishra, Secretary, Ministry of Housing and Urban Affairs (Mohua), visited Patna on Friday and did not experience delays in financial support to the Metro Patna project.
So far, the central government has given RS424 crore for the project.
The estimated cost of the Metro Patna project is RS13.365.77 Crore (not including land acquisition costs to be borne by the State Government).
The state and the center each will bear 20% of the costs and the remaining 60% will be taken as a loan from JICA.
Patna DM Chandrashekhar Singh has directed the district land acquisition officer to hear claims and objections of landowners in Ranipur and Pahadiya in Ramaya Bairiya and resolve this problem on December 23.
The state government has provided sanctions for land acquisition.
Speaking of the status of priority corridors between Malahi Pakri and ISBT, sources in the Urban and Housing Development Department (UDHD) said that around 274 pile of work was thrown while 14 pole closes were created.
“Which temporary encroachment of Malahi Pakri has been removed and the area has been battered for the network elevated by corridor II.
The work has developed between Malahi Pakri and Bypass Road while construction has also begun from Rajendra Nagar to Khemnichak.
About 67 trees between Rajendra Nagar and Malahi Pakri will be translocated To give a way for the project, “said the source.
The estimated cost of priority corridors is around RS552 Crore.
It is expected to be completed in 30 months.
In the first phase, the 6.1km stretch will appear, which includes five high stations in the new Patliputra ISBT, Zero Mile, Bhutnath, Khemnichichak and Malahi Pakri.
My corridor will be 17.9 km away from Danapur to Khemnenichack through Meetethapur (7.3 km and 10.5 km underground).
Corridor II will be 14.5 km from Patna Junction to ISBT (7.9 km underground and 6.6km increases).
Meanwhile, after the Asian Development Bank, the European Bank also showed interest in providing funds for the construction of the Patna Metro Rail project.
The company recently sent a proposal to expand financial support more than RS8,000 Crore for the project.
A PMRC official said the country had signed the MoU with JICA for the construction of both corridors.
“We have told the ABD delegates to support further extensions of the Metro Patna network.
If JICA is increasingly delaying a loan, the state government has the option to get funds,” the official said.

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