New Delhi [India], October 1 (ANI): The Asian Development Bank (ADB) has authorised a USD 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, as per an organization press launch.
‘This fourth tranche brings the entire ADB financing beneath the multi-tranche facility, authorised in 2020, to USD 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 decreasing 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 discharge stated.
‘The challenge marks a transformative step in India’s city transport panorama,’ stated ADB Country Director for India, Mio Oka. ‘It not solely enhances mobility but in addition promotes inclusive progress, environmental sustainability, and is anticipated to function a mannequin for future regional speedy transit programs throughout India and the Asia-Pacific area.’
Beyond financing, ADB has supported the challenge by providing technical experience in constructing data modelling, resilience, and worth seize financing. The launch stated that the challenge is anticipated 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 ‘secure, dependable, and high-capacity commuter’ providers.
‘ADB financing for the challenge 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 discharge stated.
The challenge is being executed by the Ministry of Housing and Urban Affairs and applied by the National Capital Region Transport Corporation. (ANI)