Asian Development Bank keen to offer loan for Patna metro rail project


The Asian Development Bank (ADB) is ready to offer loan for Patna Metro Rail Project to help in future expansion of the metro corridors and alignments, an official of Patna Metro Rail Corporation (PMRC) said. It will help in future expansion of the metro corridors and alignments.

“The ADB delegates met the PMRC officials to discuss the ongoing metro rail project work and its progress and offered the state to take loan from them instead of somewhere else. But we have already signed the memorandum of understanding with Japan International Corporation Agency (JICA) and expecting to get the loan soon. The ADB is ready to extend support for the further expansion in metro lines, stations and alignments and they made an offer in the first round meeting with them. If everything goes well, we can plan for the possible expansion of the metro,” the official said.

According to sources at Urban Development and Housing Department (UDHD), ADB is already working with the state government on different urban development projects.

About 80% of the land required for the project has been acquired as most land belonged to the state government while a large piece of land for construction of ISBT Patna Metro Rail Depot will be acquired in the next couple of months. 

Land measuring 76 acres in Ranipur and Pahadi area will be used for ISBT metro station and depot. The state government has already sanctioned Rs1,000 for land acquisition.

Patna Municipal Corporation has also transferred the land at Mithapur, near Sachivalaya and Akashvani at Fraser Road and Patna Junction while another piece of land near Patna Science College will be given soon.

As large asset is already in place, the UDHD officials have already written to JICA to provide the lions share for the metro project. The JICA officials had recently visited the site and met the PMRC officials to discuss the future course of action. “The issues related to land acquisition was already solved and we are expecting to get the funds from JICA soon. Even if it gets delayed, we would have other options for loan,” the officials said.

The estimated cost of Patna metro project is Rs13,365.77 crore (excluding land acquisition cost, which is to be borne by the state government). The state and Centre each will bear 20% of the project cost and the remaining 60% will be borrowed as loan from JICA.

Work is already in progress on a 6.1km elevated stretch of Corridor II from Malahi Pakri to ISBT, which includes five stations — Malahi Pakri, Khemnichak (an interchangeable station), Bhootnath, Zero Mile and ISBT. This stretch is also known as priority corridor.

According to officials, 112 pillars have been created from Malahi Pakri up to Bhootnath while altogether 210 pillars will be developed for elevated network of Corridor II. Piling work has also commenced from Zero Mile to ISBT, which is likely to be ready by December 2022. Construction of twin tunnels, underground ramp at Rajendra Nagar and six underground stations from Rajendra Nagar to Akashvani, which is also a part of Corridor II, will begin once the funds are allocated.

The total length of Corridor II is 14.5km, from Patna Junction to new ISBT, including 7.9km underground network. The Corridor I will be 17.9-km-long, from Danapur to Khemnichack via Mithapur, of which 7.3km will be elevated and 10.5km underground.

Faryal Rumi, TNN, Patna

Leave a Comment

Your email address will not be published. Required fields are marked *