Centre, ADB sign 926 million dollar loan agreement to operationalise two lines of Mumbai Metro
The Union Government has signed a 926 million dollar loan agreement to operationalise two of the Mumbai Metro Rail System. The move will ease the distress of millions of commuters each day and help provide a cleaner and less congested city.
The Union Government on March 1, 2019 signed a 926 million dollar loan agreement to operationalise two of the Mumbai Metro Rail System.
The move will ease the distress of millions of commuters each day and help provide a cleaner and less congested city. The loan agreement was signed by Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs, on the behalf of the Indian Government and Kenichi Yokoyama, Country Director of ADB's India Resident Mission on behalf of ADB.
• The project loan is the single largest infrastructure loan in ADB history approved by the ADB Board on February 26, 2019.
• It will help fund lines 2A (Dahisar to D.N. Nagar), 2B (D.N. Nagar-Bandra-Mandale), and 7 (Dahisar [East] to Andheri [East]), totaling about 58 kilometers (km).
• The project will fund 63 six-car trains, signaling and safety systems and help establish a new dedicated metro operations organization to manage the entire metro network in Mumbai.
• The project will be implemented by the Mumbai Metropolitan Region Development Authority (MMRDA). It is expected to be completed by the end of 2022.
• The carriages procured under this project will feature high-level safety features and automation, including surveillance systems, door closing, and train obstacle detectors.
• The platforms will have automatic doors, which will be synchronised with the trains, so there will no longer be a danger of surging crowds pushing passengers onto the tracks.
• The tracks will be elevated about 9 meters above road level, ensuring no nearby residents are put at risk.
• The various features that will benefit women include women-only carriages, mobile applications for women's security, separate ticket counters, and reporting desks to address incidents of harassment.
• It will ensure women have improved opportunities for employment along the new lines, including a station staffed only by women.
• Besides this, there will be station and carriage facilities for elderly or differently-abled passengers including priority e-ticket counters.
Once operational, an estimated two million passengers a day will use the two new lines and will travel in improved safety and comfort.
The new Mumbai Metro is an ambitious and truly transformative venture planned by the state government to contribute to enhance the efficiency of the urban transport network and productivity of India's financial center.
Rail is the primary means of transport in Mumbai, where the suburban network totals almost 400 km and carries more than 7.5 million passengers a day.
Recognising the transportation challenges, the government has developed a plan for 12 metro lines with a total length of 276 km. Line 1, completed in 2014 on a public-private partnership model, carries about 400,000 passengers a day and has reduced travel time along its east-west route from 71 minutes to 21 minutes. Other new metro lines will ease travel and make the city more livable and competitive.