Jaipur (JP): Asian Development Bank said that it will lend USD 176 million for the expansion of the metro line in Jaipur.
The bank in a statement said that “The ADB will lend USD 176 million to extend the first metro train line in Jaipur and draw up plans to build a second line, reducing congestion and pollution in the fast-growing Indian heritage city.”
Under the Jaipur Development Authority’s public transport plan, the local government is constructing 9.7 kilometer elevated Line 1 metro train from Mansarovar, in the western part of the city, to Chandpole, on the western edge of the central business district.
It said that this service is due to start operations in late 2013.
Mr Dong Kyu Lee, Principal Transport Specialist in ADB’s South Asia Department in the statement, said that “Building efficient mass transit transport to get people more quickly to their jobs, schools, and homes in Jaipur will help reverse the rising use of private cars, making the city a cleaner and safer place to work and live.”
Meanwhile, ADB’s loan will help finance an additional 2.3 kilometer underground stretch from Chandpole to Badi Chopar which is likely to provide access to the central business district by March 2018.