Projects

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Project Name Mumbai Metro Rail II (Line 6) Project
Country The Republic of India
Sector Urban Development
Concept Approval Date 6 February 2020
Board Approval Date 29 September 2020
Total Project Cost USD 750 million
Loan Amount USD 241 million
Borrower The Republic of India
Implementation Agency Mumbai Metropolitan Region Development Authority
Project Context
Mumbai, the capital of the State of Maharashtra, is one of India’s largest metropolitan areas, and is also known as the financial capital of India. The city faces challenges as its current transport infrastructure can no longer cope with the growing passenger traffic. In Mumbai, the primary mode of transport is the suburban rail system, which carries over 8 million passengers every day and is often found extremely congested. The suburban rail has severe safety problems with about 8 to 9 fatalities per day. The current network has limited connections and does not serve the expanded urban areas. In addition, the increasing number of private automobiles has put extra burden on the already overloaded road network and has led to environment issues such as pollution. Enhancing public transport infrastructure with increased capacity and quality has become crucial to address Mumbai’s transport infrastructure challenges. Geographic constraints, limited land availability and extremely high population density act as barriers in expanding the suburban rail and road network. A grade separated metro rail system has been considered as the best suitable alternative.
Project Objective
The Mumbai Metro Rail II (Line 6) Project aims to improve Mumbai’s transport and traffic conditions through providing a modern metro system, featuring high-capacity, safe, and comfortable mode of transport. The Project will improve overall mobility of Mumbai’s urban population and promote economic growth through improving accesses to markets, workplaces, education, and health facilities. The Project will also improve quality of lives of the residents in Mumbai.
Project Description
The Project comprises financing of equipment and system components for implementing the proposed metro Line 6 in Mumbai, with rail infrastructure of about 14 km and 13 stations. Line 6 will provide the much needed rail-based connectivity between the western and eastern suburbs, and will contribute to an integrated public transport network in Mumbai.
Expected Benefits

The positive outcomes and impacts of the Project include: (i) reduced travel time for commuters; (ii) reduced congestion on roads and reduced carbon emissions from shift in travel pattern from road to rail; (iii) improved transport safety; (iv) enhanced travel comfort; (v) enhanced economic growth through better mobility and connectivity; and (vi) improved overall urban environment and better quality of life for the residents.

Environmental and Social Aspect

The Project is categorized as Category A in line with NDB’s Environmental and Social Framework (ESF). Main environmental and social impacts include acquisition of private land and resettlement, occupational safety, removal of trees, and temporary traffic disruption. These impacts will be mitigated by adherence to country systems and environmental & social management plans specifically developed for the Project.

Financing Aspect
The total cost of the Project is estimated at USD 750 million. The Project will be financed by a Sovereign Project Loan of USD 241 million from NDB and counterpart funds of USD 509 million from the Government of the State of Maharashtra.
Source of Fund Amount (USD million)
New Development Bank
241
Government of the State of Maharashtra
509
Implementation
The Project is estimated to be implemented over four years. Mumbai Metropolitan Region Development Authority will be the Implementing Agency. Procurement will be conducted in compliance with the national guidelines and requirements and in line with the principles of NDB’s procurement policy.
Contacts NDB Borrower Implementation Agency
Public Sector Department:

Jitesh Ketkar

Ministry of Finance of the Government of India:

Prasanna V. Salian

pv.salian@nic.in

Mumbai Metropolitan Region Development Authority:

Rajiv Agrawal (Director -System)

dirsys@mailmmrda.maharashtra.gov.in