MANILA, PHILIPPINES (1 October 2025) — The Asian Development Bank (ADB) has authorised a $299 million mortgage as the ultimate tranche of the Delhi–Meerut Regional Rapid Transit System (RRTS) Investment Project which is India’s flagship initiative within the National Capital Region (NCR) designed to advance sustainable city transportation.
This fourth tranche brings the full ADB financing below the multi-tranche facility, authorised in 2020, to $1.05 billion. The Delhi–Meerut RRTS, spanning 82 kilometers, is the primary of three prioritized corridors within the NCR geared toward revolutionizing regional connectivity by lowering journey time between Delhi and Meerut from over three hours to only one. As of August 2025, 55 km of the hall is already operational, with 11 stations connecting New Ashok Nagar in Delhi to Meerut South.
“The project marks a transformative step in India’s urban transport landscape,” mentioned ADB Country Director for India Mio Oka. “It not only enhances mobility but also promotes inclusive growth, environmental sustainability, and is expected to serve as a model for future regional rapid transit systems across India and the Asia-Pacific region.”
Beyond financing, ADB has supported the undertaking providing technical experience in constructing data modeling, resilience, and worth seize financing. The undertaking is predicted to cut back annual carbon emissions by over 258,000 tons and catalyze polycentric city improvement throughout the NCR. With trains working at speeds as much as 180 kilometers per hour and intervals of 5–10 minutes, the system guarantees protected, dependable, and high-capacity commuter companies.
ADB financing for the undertaking is complemented by a joint cofinancing from the Asian Infrastructure Investment Bank and the Japan Fund for Prosperous and Resilient Asia and the Pacific. The undertaking is being executed by the Ministry of Housing and Urban Affairs and carried out by the National Capital Region Transport Corporation.
ADB is a number one multilateral improvement financial institution supporting inclusive, resilient, and sustainable progress throughout Asia and the Pacific. Working with its members and companions to unravel advanced challenges collectively, ADB harnesses revolutionary monetary instruments and strategic partnerships to rework lives, construct high quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the area.