A & N, Japan Funding for Metro Expansion

In the first official Development Assistance (ODA) project in Andaman and Nicobar (A&N), Japan has approved grant assistance of eop 4.02 billion, or 5 265 crore rupees, making it strategic to improve power supply to the islands. The emphasis is on geopolitical location for an open Indo-Pacific island.

Japan has also extended loans of ₹ 229.5 billion or Yen of ₹ 16,186 crore for the implementation of the four projects, including plans to expand Phase 4 of the Delhi Metro and Phase 2 of the Bangalore Metro, for which the Japan International Cooperation Agency (JICA) and between Loan agreements were signed. Government on friday

“This is the first ODA project in the strategic islands of Andaman and Nicobar (in addition to humanitarian emergency assistance),” said a Japanese embassy official.

“Due to their geopolitical position, the islands play an important role in our shared vision for an independent, open and inclusive-Pacific.”

“Cooperation on these important islands between Japan and India demonstrates the commitment of both countries to realize a stable, peaceful and prosperous Indo-Pacific,” he said.

The grant will be used to purchase 15 MWh batteries as well as power system stabilizers to allow better use of solar power generated in South Andaman.

Metro projects

The fourth Rs 8,390 crore loan for the fourth phase of Delhi Metro will help in building three priority corridors – extension of Line 7 (Mukundpur – Maujpur / 12.56 km), Line 8 (Janakpuri West – RK Ashram (28.92 km) and a new corridor. , Which will span Aerocity) – Tughlakabad (23.62 km), an official statement said. The official said that after the completion of this phase, more than double the Tokyo Metro, Delhi’s metro rail network spread over 400 km.

Similarly, for the development of 80 km long metro lines under the second phase of Namma Metro in Bengaluru, a loan of Rs 3,717 crore has been approved. The line covers R6 (Nagavara – Gotigere, 22 km), Phase 2A (Silk Board – K. R. Puram, approx. 20 km) and Phase 2B (K. R. Puram – Kempegowda International Airport Terminal, 38 km). Will do.

The loan for crop diversification in Himachal Pradesh was extended to Rs 807 crore and a loan of Rs 3,272 crore for rural water supply with a focus on reducing fluorosis in Jhunjhunu and Barmer districts of Rajasthan.