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Sunday , 14 July 2024

Jaipur Metro to get ADB funding

The Asian Development Bank (ADB) has sanctioned $176 million funding for the Jaipur Metro to extend Line 1 of the first phase of the metro. As per the Jaipur Development Authority?s public transport plan, the Rajasthan government is constructing a 9.7km elevated metro train from Mansarovar in the western part of the city to Chandpole on the western edge of the central business district. ADB?s loan will help finance an additional 2.3km underground stretch from Chandpole to Badi Chopar, which is likely to provide access to the central business district by March 2018. By providing connections to the entire central business district, ADB?s extension is expected to carry 126,000 passengers every day during its first year of operation and generate around 61 per cent of all the trips on Line 1.

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