JICA extends Rs 3,717 crore loan for developing Metro Phase 2 in Bengaluru
Japan Interna?onal Coopera?on Agency (JICA) has signed
an agreement with the Government of India, to provide
Japanese (ODA) loan amoun?ng to Japanese Yen 52,036 million(approximately Rs 3,717 Crore) for the development
of Phase 2 of 'R6, 2A and 2B' of Bangalore Metro Rail
Corpora?on Limited (BMRCL)in Bengaluru.
In March 2006, the first Japanese ODA loan agreement was
signed by JICA for BMRCL Phase 1.
Phase 1 has an opera?onal rail network of 42.3 Km (East-
West line 18.1 Km and North-South line -24.2 Km) with 41
sta?ons.
Phase 1 has an opera?onal rail network of 42.3 Km (East-
West line 18.1 Km and North-South line -24.2 Km) with 41
sta?ons.
The ridership under Phase 1 is expected to increase from
the present 0.45 million in 2020 to 4.0 million when Phase 2
begins to operate, a JICA statement said on Friday.
Current Issue
01-2026
